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.}

Saturday, March 15, 2014

DJIA Heading South to Complete Supercycle Wave (IV)

The DJIA and S&P 500 appear to be walking in step with each other as both are heading south to complete an Impulse wave C of a Flat.  When this Flat completes, most likely around 15,200, it will mark the end of Supercycle (burgundy in left chart) wave (IV) and leave room for one final push to an all time high as Supercycle wave (V) up will likely provide.  That could put us about 4 to 6 months away from the all time high peak.

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