US debt crisis and DLF, Bharti results to impact mkt this week

http://economictimes.indiatimes.com/markets/analysis/us-debt-crisis-and-dlf-bharti-results-to-impact-mkt-this-week/articleshow/9430634.cms

Dow Jones Industrial Average

DJIA UPDATE: Well! I don't track djia @ depth but i do track many elliott wave blogs so that i can update my counts or switch to alternate counts.

DJIA EW Count suggest that the view of RUNNING TRIANGLES is near complete & THE NEXT DIRECTION IS UPWARD WHICH IS LIKELY EQUIVALENT TO THE THRUST FORMED BY THE TRIANGLES. @ E of triangles, usually followed by a news event specially in case of bigger formations.

So, this suggest that GLOBAL TRADING ENV. is not going to bad for near term & we can expect good days in next few trading sessions.

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Triangles!!!! What is the most likely thing of trinagles which can be used to get the point of action @ wave 4 or wave b of zigzag??? Ans: NEWS EVENT