SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: J_K who wrote (23119)3/20/2016 4:20:37 PM
From: skinowski  Read Replies (1) | Respond to of 41521
 
So, Andre expects that the 3rd since the Feb low ((INDU) will play out in another 3-400 points, followed by a wave 4 pullback - and then, a 5th, into the 18400 area - which would also be a new all time high. Following that, he expects a significant pullback into the Summer-Fall months, and then - a major (3rd) to new bull market highs. All of this, apparently, on condition that the last August low remains intact.

If the Nov high of 17978 gets taken out, that would be a serious bullish argument. The chart would be showing a higher low and a higher high. It would no longer look like a market that's trying to roll over.