My fellow traders ..The next few months are going to prove to be very bullish for the dow and the rest of the global indexes.. I have the opinion after countless hours trying to interprut the depicted lines that present themselves on the charts..that we r blessed with some very large inverted head and shoulder formations that stretch as far back as 2008..Measurement rule that is derived from the depth of the inverted neckline to the deepest point of the head...suprisingly suggests that we r heading for the late 2007 highs .. at which some very large double tops will come into play..But until then and ofcourse in my opinion we have months of bullishness upto and until those tops are formed...
To conclude an expanded view on the local index 5500 on the allords seems to be a given..a break above that level and 6500 will come into play..(6500 Double top..5500 must break otherwise wave C comes into play on the downside a break above and the 6500 level comes into play)..
Thus we shall not forget that the above is strictly the opinion of martis..
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