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Record highs await Dow

The Gann theory points to a major leg upwards for the US bellwether index
December 12, 2012

The Dow has triggered my longstanding buy recommendation by breaking above 12940, says Warren Firth at www.globalprimepartners.au.com.

As such, I now see the US index heading up to my Gann-theory-derived target at 14545. Bullishly, the DAX and FTSE are also on the up. Expect only isolated resistance along the way to my target, most likely at 13871 and 14064. Only exit positions on a sustained drop through 12450.