DOW

now dow can rip up needs to stay abv 680 & get abv 714 > 754

all longs now locked in

Looks like this to me:



dl.dropboxusercontent.com/u/20815047/FTS...Dowdaily24_06_13.gif

Nice trendline bounce from the wave 1 and 2 lows. Should be wave 5 of major 3 of primary 3 of cycle 1 now.

Dow futures made a higher low just below the 61.8% Fib of yesterday's bounce last night. Could be confirmation of the end of wave 4?

Sorry no chart as in a bit of a hurry to get to school lol! (Makes me feel young(er) again!)

If the dow can continue to at least rally to 14900+ or spx 1604 then likely the low has been put in and will likly confirm a wave iv low @549

Watch >590 >652 > 680 > 714 > 752/4 > 848 area on Dow today...

cheers WS

J- not only was it the 61.8 level - there's another .....88.0 from the highs of 15550 area to your previous 4 @ 14444, again see the bullish Bat ?

dow & spx currently struggling at the current levels spx 1587/9 dow 15774/80 - failure to take these out then expect a reversal