For his downside target, Mclaren seems to be referring to the same support area in the DOW chart from 2003, that coincidently matches a corrective wave extension "zone".
Still think we could exceed his 75% extension and push a little further lower to 7500. Looks neater in the charts.
was the bail out package withdrawn, page-23
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Last
7,777.7 |
Change
95.700(1.25%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,682.0 | 7,795.1 | 7,682.0 |
| XJO (ASX) Chart |