WaveTrack International

Elliott Wave Financial Price Forecasting

Dow Jones 30

by m.tamosauskas| December 13, 2012 | No Comments

The Dow Jones is already approaching original upside targets at 13356.80. This means that any reversal from current levels would validate the resumption of the larger downswing from 13588.70. Downside targets to be achieved during the next few months remain towards 12221.50-069.40. This forecast is negated above 13588.70. Shorter-term, a break below 12765.30 would confirm the continuation of the larger downswing.

 (Become an EW-Compass report subscriber and see how this pattern continues to develop and what’s coming up in the larger time-series).

Category: Dow Jones 30

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WaveTrack International is a financial price forecasting company dedicated to the Elliott Wave principle and work of the R.N. Elliott. Clients include Investment Banks, Pension Funds, Total/Absolute-Return/Hedge Funds, Sovereign Wealth Funds, Corporate and Market-Making/Trading institutions and informed individuals -- & just about anyone who is affected by directional price change.

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