waves

Discussion in 'Technical Analysis' started by patterns, Jan 15, 2003.

  1. patterns

    patterns

    This is a chart of DIA.

    5 waves up, till 12/2. This was a correction, as the high of 12/2, 90.66, lower than the previous major high of 8/23 91.01. Now we have two waves up, suggesting that subsequent waves will exceed the high of 12/2.

    Your opinions?
     
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