Wave Analysis: DJIA Index, Crude Oil

Analysis for March 24th, 2014 DJIA Index Index is still being corrected. It looks like wave [2] is taking the form of zigzag pattern. On minor wave level, market is expected to complete wave (B) and then continue falling down and form bearish impulse inside wave (C) of [2]. More detailed wave structure is shown on H1 chart. Probably, Index finished ascending zigzag pattern inside wave (B) . On minor wave level, market formed initial impulse inside wave 1 . After completing short second wave…

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