When projecting DGL's, the first (23.6%) Fib. level is normally not used in this technique, only the 38.2%, 50%, 61.8% and 78.6% levels. For new subscribers, see the perfect hit (2004 peak) of this rare DGL, projected from the 1994 low. This DGL is still intact after the 2005 trading year and would be strong resistance, if tested in the future. This DGL touched several important highs and lows, from it's projection point.

By viewing these pages, you agree to the User Agreement
copyright.gifCopyright 1997-2006 OEX Trading Resources - All rights reserved.