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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X12/21/2005 8:00:40 PM
   of 6865
 
2006 PREDICTION DOW 13000

stockcharts.com[g,a]dacaynay[d19901221,20051221][pf][J65219852,Y]&listNum=24

This is my 2006 prediction for the dow and as the chart shows should be a great year with gains over 20%.

This prediction is using a balance point projection and based the the center of waves theroy.

Most every wave has a congestion area near the center of the trend and if it identifyed correctly the current trend should top in the area of 13000 on the dow and top in early 2007.

Other indicators are pointing to this also, T theroy, Market flow readings and others.
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