Markets Index DJIA 12,447 up+159 p&f chart
What a turn of events for the DJIA. Just as all the technical were giving a drop, if the close was below 12,100, but it never did and so it came to pass, a jump of +159 pts.to 12,447 and the rest is history. Intraday high was close to the close at 12,480 with the low at 12,263, way above 12,100. S.T.we have a "W" bottom rally.
Last report was Mar.13th, then at 12,075 dn-242 and forecast a drop down 50% correction to 11,600. That is now on "hold" and the pt.& fig. chart explains it all. No more words are required presently.
"Thanks for the memories..." sorry the charts. Yes, that Bob Hope song. Charlton Capital Ltd.618 remains.