If we look closely, the bear market low of 1974 in time and angle, market participants should realise that cash is a position too. The 1 x 1 1982 is strong support for a possible strong correction.
March 5 was or month of March is an anniversary date and end of 5 year cycle
The chart suggests that we should see in March a low and in September a lower low (A and C down)
B up could be somewhere in June 2014.
2004 we had a similar year and perhaps 2014 acts similar.
A final P5 would end June-Sep 2015.