Thursday, October 3, 2013
Wednesday, October 2, 2013
A couple more pushes to the upside remain for Nasdaq 100 before CRASH begins
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| It appears the Nasdaq has a few more fumes to burn before rolling over and crashing. Intermediate (3) up, (4) down, and (5) up must complete before wave C (circled) completes. This could all take about 4 to 8 weeks. When wave C (circled) completes, Cycle (red) wave V of the Ending diagonal will be completed. When Cycle V is completed, Supercycle (burgandy) (c) will be completed. When Supercycle (c) is completed, Grand Supercycle IV down will be underway. This Grand Supercycle Wave IV should bring the Dow Jones Industrial Average to a price below 1,000! |
USDJPY close to finishing a major Contracting Triangle
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| The finish of the Ending Diagonal depicted in the chart at right, marks the end of the (ZZ) depicted in the chart at left, which then marks the end of the Primary degree Contracting Triangle. |
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