Monday, July 21, 2008

Dow Jones for the Week July 21-25 - Rakesh Chandra

Today's Dow Jones fall cannot be ignored.

Upwave (4-5) WUT3 : 12,139;
Upwave (2-3) WUT2 : 11,976;
Upwave (0-1) WUT1: 11,711;

Price is bullish above weekly pivot point of 11,547.52;
Price is bearish below weekly pivot point og 11,446.48.

Down wave(0-1) WLT1: 11,283;
Down wave(2-3) WLT2: 11,018;
Down wave(4-5) WLT3: 10,855.

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