Dow Jones Forecast

Dow Jones Industrial Average Chart
Dow Jones - Daily
Dow Jones Industrial Average has just penetrated the H3 Camarilla level for September 2012 which is at 13242.6. This is a signal that the index may soar higher towards 13394, which is the H4 level for the month. A further penetration could take the index further towards 13656, the H5 level, which could be a bit unlikely. An index generally does not move so fast. Nevertheless, looking at the Gann forecasts for the Dow, a reversal has just occurred and has been confirmed. The index should be gaining monemtum in the next few sessions due to its position as per the Camarilla levels. Likely reversal dates in the near future that could turn the Dow southward are the 11th, 20th and 28th of September 2012. In terms of number of trading days, they are 6, 15 and 23 trading days from the 5th of September 2012. 
Wolfe Wave patterns are not seen on the charts.

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