DJIA update again.

djia nov 27 2012

Now that we have (probable) completed the minor wave b within the a-b-c counter-trend correction wave 2 another likely retracement level would be where c equals a, roughly at 13250, just 40 points above the 62% retracement level calculated earlier. Time is always next to impossible to gauge with any degree of precision but a wild guess would put it at around the middle of December. that is if it gets this high. We will see.