Global Dow - end stage of counter-trend rally
Updated
As forecasted in the April 7 post, Global Dow surpassed the target at 377 and just crossed the 0.618 retracement, typical of second waves. Intermediate wave C is tracing minute wave 3 up, therefore we may see a probable additional growth of 5% before the trend reverse in direction to new lows. A possible target is at around 410. If the index cross down 354.80 the probable scenario is that the trend already reversed. FOLLOW SKYLINEPRO TO GETUPDATES.
Trade closed: target reached
Price reached target range and reversed as predicted. See updated post.
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