Color Scheme of the Charts to Differentiate the Various Wave Degrees is:
{ Supercycle / Cycle / Primary / Intermediate / Minor }
{By clicking on any chart, it will enlarge for ease of viewing. Commentary at the top of each chart is more easily read, also.}

Tuesday, October 8, 2013

Nasdaq 100 makes a big fake-out in today's selloff

Today's sell off was nothing more than the completion of Minor wave Y, which completes Intermediate (2).  Intermediate (3) to fresh highs is what should come next, then a minor sell off to finish Intermediate (4), and finally a minor rally to finish Intermediate (5).  Expecting (3), (4), and (5) to unfold rapidly before 10/17.

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