DX

Bullish View :

There is no change in the U.S. Index’s bullish view.

The Minor-degree wave D would achieve the Fibo 0.618 expansion target at 99.46, in a three-wave structure. (wave D = 0.618 wave B, a common relationship between the same direction waves of a triangle pattern.)

Note: The Index should hold above the mid-March low at 94.58, during the entire process of advancing in the wave D.

DX - Daily

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s