2013年5月13日星期一

DOW ARRIVES IN AN INTERMEDIATE TOP

djia is also topping out

see price targets calculations:-
1/- 14021-6469=7552x0.618+10404=15071
2/- 13661-12035=1626x1.618+12471=15101
3/- 11257-6469x1.145-5482+9614=15096
4/- 14021-6469x1.145=15116
5/- 12876-6469=6407x0.764+10404=15298

6/- 13338-10404=2934+12035=14969
7/- 12876-6469=6407x0.786+10404=15439
8/- 8877-6469x2.786+8087=14795
9/- 8877+6469x3+8087=15311
10/- 8877-6469=2408x3.618=8712+6469=15181
11/- 1336+5-12471=894x2.618/=2340+12884=15224
15071+15101+15096+15116+15298+14969+15439+
14795+15311+15181+15224/11=15145 last price is 15144 +/-1

Regarding to time series, we have the following findings:-
1/- 82 weeeks x 2.618=215  this weeks is 218 +/- 3 weeks
2/- 60 weeks x 2.618=157  or 9+44+22+30+5+17+6+25=158 =+/- 1
3/- 113x0.764=86 or 30+5+17+5+25 =82 +/- 4 weeks
4/- 82+218 weeks =300  or 52x5.764=299.72 weeks
5/- 30x1.764=52.92 or 5+17+6+25=53

Minimum retracement will be 13600, more or less 50% correction from 12035

Happy Trading


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