DOW nears target!


The DOW is approaching its ideal wave target as projected in yesterdays update – looks like tomorrow would be a good time to take stock of longs as it has a nice wave formation so this is extremely likely to start its downtrend for fiscal cliff day and looks like new end of January highs to confirm US indices uptrend by many other indicators!

121212 4H1Marc

PS – SPX, Russel and Nasdaq Comp have the same wave count and I will try post them over the week end – But look to top by the by Tuesday! They still have around  2% to go to reach their ideal wave targets!

 

 

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