DOW Quarterly 2014 Q3 from 1st July

Quarterly  2015
Q2 9111 9974 11288 11607 12336 12685 13230 16373 17369 17396
Q1 9049 9799 11216 11545 12264 12603 13130 16300 17266 18250
 2014                  
Q4 8984 9655 11154 11494 12192 12541 13024 16219 17153 18100
Q3 8941 9500 11062 11432 12100 12480 12900 16157 17061 17944

The Dow is targeting M3 to test 18000 the end of this quarter or early next Quarter, having made the 17000 target projected in April 2013. As you can see from the support resistance table above this wave is coming to an end, with this Quarter high to date already having penetrated its first resistance level of 17061! So a high this quarter will be challenging 18000 and should get to about 50 points on the close, and a top next next quarter should penetrate 18000 and reach a close no higher than 18100.

As this is a big MLU a sharp reversal is expected, so watch out for a 1987 type of drop, short, sharp and sweet - that will be the best long opportunity for generations.

US DOW Q3 20140716200649

 

 

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