Dow Jones Elliot Wave Count by Rambus $DJIA $DIA $SPX
This is a great long term chart of the INDU. Things to study: the EW count, the channel, the moving averages and how they have or will crossover, the price objectives, the RSI and MACD. There is a lot on this chart…
Rambus says:
It looks like we are now passing the halfway point of the big wave 3 move. Still a lot of good ground to go yet up to the 12,000. So far everything has been noise and when i look at the chart i sleep like a baby at night knowing most are bearish on the stock market and can’t figure why it keeps going up. Its the TA not the fundamentals in my opinion. /Rambus
