Analysis for September 4th, 2012
As we can see at the H4 chart, the price has formed two ascending impulses. Wave 
has taken the form of wedge
pattern. On the minor wave level the Index is completing wave (2)
. In the near term, we can expect the price to start growing up inside wave (3)
and then break the local maximum.
At the H1 chart of DJIA Index we can see that wave (2)
has been finished in the form of zigzag
pattern, with wave B
pattern) inside it. Currently the price is forming an ascending impulse inside wave 1
. The Index may continue moving upwards during Tuesday.
At the H4 chart we can see the structure of an extension
inside wave 
. Yesterday the price finished the fourth wave. On the minor wave level the instrument has completed an initial ascending impulse inside wave (1)
. After the local correction is finished, the price may continue growing up inside the third wave.
As we can see at the H1 chart, wave 
was finished in the form of double zigzag
pattern and then the price formed an initial ascending impulse. Most likely, the instrument will continue the corrective movement during Tuesday.