Written by:
Patrick Mikula CTA
Mikula Forecasting Company
www.MikulaForecasting.com
support@MikulaForecasting.com
Copyright © 2008 by Patrick Mikula All Rights Reserved.
Patrick Mikula CTA
Mikula Forecasting Company
www.MikulaForecasting.com
support@MikulaForecasting.com
Copyright © 2008 by Patrick Mikula All Rights Reserved.
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The Dow on July 30 declined so the forecast on the 60 minute time frame to return to the Median Line at 11750 will occur a few days late but should still occur. To read this forecast see the post for July 30. In today’s post I am again using the Pitchfork but now I am using it on the 10 minute chart for the Dow Jones Industrials, eSignal symbol $INDU. Again I expect the price to return to the Median Line. The estimated price for the Median Line is 11540. The price should return to this price on August 1 when the Median Line should be touched.
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The Dow on July 30 declined so the forecast on the 60 minute time frame to return to the Median Line at 11750 will occur a few days late but should still occur. To read this forecast see the post for July 30. In today’s post I am again using the Pitchfork but now I am using it on the 10 minute chart for the Dow Jones Industrials, eSignal symbol $INDU. Again I expect the price to return to the Median Line. The estimated price for the Median Line is 11540. The price should return to this price on August 1 when the Median Line should be touched.
Dow Jones and Pitchfork
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