24/04/2013

DOW four years uptrend in 8 MA with waves.

DOW week 8 MA from 2009. Look at the waves. We are in the last run on upside. The final wave is a typical wave 5, extremely steep. After the first four big waves does the fifth wave in itself hold five waves. A very exiting year this 2013. It is natural that a trend moves up during five years  one Fib number. DOW has gone from 8 to 13 that is from 800 to 1300. That is 61.2 percent. If you learn to count Fib numbers on everything and the time frame 5 years is used the next target for the DOW is 2100 in 2019.  

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