Wednesday, July 16, 2014

DJIA very likely peaking

These are the waves since the April low.  At the very least we should be getting an a-b-c back to the level of the prior 4th.  That should be a welcome TVIX % gain.


Here is just that 5th wave expanding wedge.  It seems within spitting distance of the top but keep in mind that a throw over is always possible and in fact happens more often than a short stroke.

Zooming in to just the 5th wave of the expanding wedge:


Just red 3, red 4 and red 5:

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