Look at this diagram carefully. This is the DAILY closes since the beginning of 2009. The chart has five waves. See the numbers. Wave 1 - 4 are big. The fifth wave has in itself 5 waves and we are now close to or have seen the top of this long uptrend. Also look at the tops, broad and often double and then look at the bottoms, often sharp dips. From this perspective that we must be in the final period of this bull market and the last leg from the second 4 wave in itself must have five waves which it has. The question is only how far the last leg will go. This is what I am looking for the real and final top intra day and close. From that point which I expect to come during March will according to my main cycle a big bear market start with a first target of DOW 800 within 2 - 3 years.
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