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Strategies & Market Trends : TA- Advanced GET

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To: Ronin who wrote (1012)4/25/1998 7:11:00 PM
From: Ronin  Read Replies (1) of 1551
 
Anyone care to comment on the DOW Elliott count. Daily VS Weekly Vs Monthly. From what I can gather, it looks like we are headed for a correction to the 8600 level in the short term. I applied a 38% Fib retrace on the wave 5 up (turning into a wave 1 down or an A wave)on the weekly and the daily is preparing for a potential wave 4 correction to these same levels.

Ronin
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