Monday, June 6, 2011

DOW Daily - 1900 To 1942

Looks very much like the DOW Chart from 1962 to 2007.

The sideways movement is very much like that of 1962 To 1982, followed by a multi year rise.

From Elliott Wave Perspective, the 1929 crash was an abc Super Cycle Wave 4 correction.

The correction off the 2007 peak should be a 5-Wave Primary degree correction.

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