All US index(DOW, SPX, NASDAQ) touches new all time high.
DOW almost hit 17000 level with the high of the day around 16998.70, just 1.30 points off. SPX and NASDAQ also managed to get high above their all time high.
All index currently is now applicable to end their minor wave 5(int iii), then int iv of around 5-8% before another set of new highs to end int wave v(Primary Wave III), so let us see if up to where we can go, here are some meaningful retracement targets for minor wave 5.
SPX:
1990 - Minor Wave 5 = 0.618 Minor Wave 1
2010 - Minor Wave 5 = Minor Wave 1 or 0.618 of Minor Wave 3
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