Professor’s Comments March 28, 2014 update

Posted by professor  at March 28th, 2014

Just wanted you to know that even though the Dow (DIA) had a nice rally this morning causing its DMI to turn positive, The Professor is NOT confirming the move as the start of a new rally leg.

In other words, it appears that we will need at least one or more small pullbacks before the next rally leg can begin.

TWID,

h

Not sure of the terminology we use? Check out these articles

The Hockey Stick Pattern
The Creation of Waves and Trends
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