WaveTrack International

Elliott Wave Financial Price Forecasting

DJ Utilities

by m.tamosauskas| July 24, 2013 | No Comments

04_dj_utilities130724

A short-term reversal signature has already occurred pulling prices lower almost 2%. This significantly increases the probability of a completion of the entire counter-trend swing from 462.60 at this week’s high of 509.20 which would confirm downside continuation during the next several weeks ahead, with ultimate objectives measured to 421.50-15.58. However break above 509.20 will trigger additional upside to 516.90.

Category: DJ Utilities

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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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