Friday, September 7, 2012

DJIA Market Update 9_7_12

What I had labeled as a new one wave down was in fact the wave four correction within the larger Upwards C wave pattern. My call for a critical fall is still on and this current upwards wave should not grow in amplitude beyond the spread of wave 3 ( labels on my previous chart as waves 3 through 5. I will post a new chart likely tomorrow evening to account for this mistake.

Best,

Warren

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