it lookslike dowjone one more day upside to form uper channel then delicne cant ignore for lower chanel line..formation....
PIVOT , LOWER TARGET AND UPER TARGET VALID ONLY FOR CURRENT WEEK ONLY ---------------------UPWAVE(4-5) WUT3 : --12,560
UPWAVE(2-3) WUT2 : --12,491
UPWAVE(0-1) WUT1: --12,381
WUT= WEEKLY UPER TARGET
++++(12,312.14) PRICE IS BULLISH ABOVE WEEKLY PIVOT POINT--------
----(12,269.86) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT--------
WLT= WEEKLY LOWER TARGET
DOWN WAVE(0-1) WLT1 : ---12,201
DOWN WAVE(2-3) WLT2 : : ---12,091
DOWN WAVE(4-5) WLT3 : ---12,022