Saturday, 30 July 2011

Dow - 11250 target ?


The 50% retracement at 11245 seems a likely target. 7/8 of the high is 11265 and 11235 is the 1.618 expansion of the first range down.11232 is the target from range equality with the April-June decline last year.11209 is 7/6 x 9614.    6470 + 4800 .  This might be the price target for the Aug 30 cycle date





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