PUG Stock Market Analysis, LLC | Technical Analysis Blog

PUG Stock Market Analysis is here to help with SP500, QQQ, IWM, Gold technical analysis, stock analysis and more.

September 16th, 2014: DJIA-30 Wave Count Update

Posted by pugsma on September 16, 2014

5:50 pm EST:   The DJIA-30 made a new all-time high today of 17,167 officially satisfying everything that is required of the Ending Diagonal (ED) wave count for major [5]-P3-C1. play.  However, there are still higher completion targets are M5=0.62*M1=17,493 and (c)=(a)=17,765.  The ED maximum is 18,145.

DJIA-30 4-hr chart (EOD):

PUG DJIA-30 4-hr EOD 9-16-14

DJIA-30 daily chart (EOD):

PUG DJIA-30 daily EOD 9-16-14

Sorry, the comment form is closed at this time.

 
%d bloggers like this: