the Current Count EW terms

DJIA (INDX)
super cycle low 7,286.27 on 10/09/02
cycle one to unfold over the next several years in major and smaller waves:
MAJOR 1     8,931.69    11/27/02     bull market kickoff rising 22.8% 
MAJOR 2     7,524.06    03/11/03     unusually steep correction in the form of a zigzag
MAJOR 3   10,737.70    02/11/04     extended advance rising 42.7%
MAJOR 4     9,749.49    10/25/04     alternating double zigzag correction
minor 1      10, 854.54   12/28/04     short advance rising 11.3% 
minor 2      10,012.36    04/20/05     irregular zigzag with steep correction
minute 1    10,623.07    06/27/05     sloppy advance rising 6.1 %
minute 2    underway                        another irregular zigzag, minor 3 is definitely subdividing
 
COMPX
super cycle low 1,114.11 on 10/09/02
cycle one to unfold over the next several years in major and smaller waves:
MAJOR 1    1,487.94    11/27/02     bull market kickoff rising 33.6%  
MAJOR 2    1,271.47    03/11/03     normal correction in the form of a zigzag
MAJOR 3    2,153.83    01/26/04     very strong extended advance rising 69.4%     
MAJOR 4    1,752.49    08/12/04     moderate alternating flat then zigzag correction
minor 1       2,178.34    12/30/04     nice advance rising 24.3%
minor 2       1,904.18    04/28/05     normal double zigzag correction
minute 1     2,218.15    08/02/05     moderate advance rising 16.5% 
minute 2     underway                      normal correction underway as minor 3 subdivides
 
 

About tony caldaro

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