Monday, August 11, 2008

Dow Jones Weekly August 11-15 - Rakesh Chandra

Upwave(4-5) WUT3: 12,195;
Upwave(2-3) WUT2: 12,065;
Upwave(0-1) WUT1: 11,855.

Price is bullish above weekly pivot point 11,725.09 and price is bearish below weekly pivot point 11,644.91.

Down wave (0-1) WLT1: 11,515;
Down wave (2-3) WLT2: 11,305;
Down wave (4-5) WLT3: 11,175.

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