DOW

I wouldn't be at all surprised to see 14534 here based on this wave count, the 38 Fib and the support from the wave 4 subwave low at 14444:



dl.dropboxusercontent.com/u/20815047/FTS...Dowdaily05_06_13.gif

Isn't the chart below showing a H&S top? seems like it retested on the chart below and now should head down towards the target?

no Shorty - bounce from 15080 (dow hit 15096) to 15157 - price needs to stay capped for retest of the lows...and we just hit that 157 level and should start to reverse back down imo..

so now poss gradual ping pong 157- 114 or lower.... your trade should be free.... if goes abv this then test of 200 poss

Closed half, I had moved my stop on the other half to 148 but you're thinking above 157 for a stop?

B)watch 114 > 15080 > 14980 approx & 15157 area for bounce. will provide update later - enjoy the ride

Shotry wrote: I think that was probably a Tom Cruise quote!. I'm watching it

I think that was probably a Tom Cruise quote!. I'm watching it