chart, page-20

looks like it in the ST mate, but i'm a bit worried. Just started reading up on elliot wave and our charts are being played like a fiddle. Of course an announcement could blow all our charts out of the water. Just my opinion. Please comment on this chart, just wondering if i could be onto something or if i'm completely wrong

http://www.investopedia.com/articles/technical/111401.asp

have a read of that mate and heres my chart. Its a bit scart because the dead cat bounce which follows number 5 appears to be happening right now, hence the low level of conviction in the markets at the moment.