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Thursday, August 8, 2013

DIA ETF AND /YM FUTURES ECHOVECTOR DEVELOPMENTS FOR YESTERDAY AND IMPLICATION TODAY

Yesterday proved a positive day for the Large cap equities market.

Key forecast echovector support support trumped just above the $154 DIA ETF PEB. See active 4-year cycle echovector and http://seekingalpha.com/author/kevin-wilbur/article

Positive Pivot response in 3QEV occurs for day by close. This pivoting indicates upward bias and can further. Pivoting and further pivoting from simple lateral price support to near-term (blue-line) annual forecast echovector origin upward forecast pivot of in early September would indicate further upward price support biasing.

Potential retest of presidential echovector weekly low remains

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Thursday, August 8, 2013

DIA ETF AND /YM FUTURES ECHOVECTOR DEVELOPMENTS FOR YESTERDAY AND IMPLICATION TODAY

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