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Past Forecasts

Daily Dow

Data as at 2013.06.28

Please note two things. Firstly, 'time'. Price was in the 40 week low time zone and the 40 week low was expected around the circled time. Secondly there was a dashed down sloping red trend line in place.

Subsequent to this forecast price continued up and broke the dashed trend line. This confirmed that the 40 week low was 'in'. Occurring early in an up trend was no surprise. Thus price is expected to be up until the high zone of the next cycle under consideration. Trading turned long for approximately 10 weeks.

Written 2013.07.11.