The Dow is well on its way to my major Gann Theory derived target at 14545, says Warren Firth at www.globalprimepartners.com.au.
This objective - which represents an 800 per cent move up from the 1987 crash lows - is well on course to be met in the first quarter of this year, in my view. I would seek to enter shorts at 14545, therefore. I recommend taking profits at this impending high, from 14394. Stay long in the meanwhile.