Looking for market to complete wave 5 of the elliott wave formation before a rally back to the high or at least close to it. we may have a wave 4 bounce here. but to soon to be buying the dip here
Trackthemarkets.com for my charts on the Dow. I think we have completed a LARGE Ending Diagonal marking the top of this bear-market rally from 2009 low. We are headed WAY lower than the 2008/09 low of ~6400. I would not be surprised if shorting was halted and mass bank failures. The Footsie and the ASX200 are also sporting ED's...marking their tops.