Dow Jones Industrials 11Apr12

The current MAP Wave count for the DJIA is 4H-1 of D-1 of W-1 of M-3

The current trend channels are as follows;

Monthly in gold and Weekly in red.

It is highly likely that pivot M-2 has been made, piercing the monthly MLU in the area of the previous weekly channel trend fork ML intersection as expected and shown below.

The previous daily trend channel further zooms into the expected point (pivot was made at the intersection of the daily ML with the monthly MLU near the weekly ML)

Below the current trend channels are shown. Expect a retest of the high!

Weekly - red, Daily - purple and 4H - Blue

Where to from here? down to the weekly trend channel ML.

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