Wednesday, July 31, 2013

>MCDOWELL Elliott wave analysis

Hi friends,
                      Tonight trying to put waves for one of the great out performer of this market ,Yes am talking about MCDOWELL the mad bull 600 to 2800 in matter of 1 year.
 The first chart shows its long term waves which shows its in 5th up .The second chart shows the internal structure of 5th wave which looks to me is in terminal stage last rise kind it should kiss 3000 i think before topping .
Investors who had their share of highs should look to book profit slowly u see hangovers are quite bad after a long night of drinking.

Happy trading


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