djia : heading towards 11822

DJIA : Heading Towards 11822

Normal Lower Limits : 11790 - 11857 - 11883
Mid-Point References : 11455 - 11813 - 11822

Monthly Cycle Pivot Centers: 11889 - 12230 - 12241

Mid-Point References : 12323 - 12647 - 12660
Normal Upper Limits : 13243 - 13515 - 13536


Weekly Cycle Pivot Center : (12209) - (12231) - (12476)
 Normal Lower Limits : 11198 - 11478 - 11679
Normal Upper Limits : 12939 - 13265 - 13274


Weekly Cycle Projected Series : ... 11478 - 11600* - 11722 - 11783 // 11843* - 11904 - 11965 - 12026 - 12087* - 12148 - [12209] - 12269 - 12330* - 12391 - 12452 - 12513 - 12574* // 12634 - 12695 - 12817* - 12939 ...

Weekly Cycle Congested Area : (10957 - 11374 - 11791 - 12209 - 12626 - 13043 - 13460)


Remarks : The market is under pressure when it is below the center of the weekly cycle at [12209]. It is likely that the market will head for the lower barrier of the weekly cycle at 11783 // 11843*. A weekly cycle projected turning point is located at 11823. The monthly cycle mid-point references at 11455 - 11813 - 11822 would serve as short term supporting points.


DJIA : Monthly Cycle Charts
http://www.qindex.com/djia.html
Albert Cheung (Ph. D.)