Monday, June 30, 2008

dowjones-30-4july-weekly reprort

on weeky scale dow is oversold area..pullback cant ignore
PIVOT , LOWER TARGET AND UPER TARGET VALID ONLY FOR CURRENT WEEK ONLY --------------------
-UPWAVE(4-5) WUT3 : --11,941
UPWAVE(2-3) WUT2 : --11,792
UPWAVE(0-1) WUT1: --11,550
WUT= WEEKLY UPER TARGET
++++(11,401.07) PRICE IS BULLISH ABOVE WEEKLY PIVOT POINT--------
----(11,308.93) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT--------
WLT= WEEKLY LOWER TARGET
DOWN WAVE(0-1) WLT1 : ---11,160