DOW M March Downtrend

The wave count has been updated as described in the DOW Q1 report.

The DOW has not yet broken last Augusts low, however all the other major indices have already done so. After this months high the DOW revert on its way to a June / July low.

The ideal low is early July at 13505 . Cyclical and pivotal support and resistance on Q, M and W levels are shown on the chart for this month.

DOW M mar16

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