THE MARKET CANT SELL OFF BIG TIME YET !!
and here is WHY
ITS LOCKED INTO A 5th wave of 5th wave.
ITS relatively easy to SPOT a 4th wave triangle as seen in the graph below between the 2 BLUE LINES.
What that IMPLIES is JUST WHAT WE GOT-
A THRUST rally to 2193 from 2177-
NOW THATS NOT A HUGE rally
does it indicate a BREAK OUT,
WE CANT RULE OUT A RUN OVER 2200
HOW MUCH OVER ?
NOT MUCH, IMV-
and according to the previous page showing the LONG WAVE, 89 months, IT JUST MIGHT REPRESENT THE REAL END of the 89 month BULL MARKET from 3/9/09.
Stay tuned for further updates