Derwent London is tracing minute wave 3 of primary wave 3 down. In this scenario prices will soon reach levels below 2,400. If prices crosses up 3,674 this scenario should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
After our previous post indicating the future up move on this UK REIT, the Reit increased 9.8%. At this current juncture there are two possible outcomes. The most probable one is that DLN continues its minor wave 5 up and reach 3800. The alternative scenario is that intermediate C wave and primary D of a contracting triangle has finished and the reit will start...