The larger 3rd wave began back in March 2009. It's now clearly in the very latter stages of an ending diagonal pattern with perhaps one more high to go before retreating back to the start of the diagonal i.e. 4,100 approx. We know this pattern emerges in the fifth wave position, therefore I make present position to be very close to the top of the 3rd subwave of the 3rd larger wave
The descent has commenced...
The descent has commenced...