The begining of March is not looking great on the US charts-BUT we are rapidly approaching the bottom of wave 5 and ready for countertrend wave B rally which will be explosive IMO.
Things are looking seriously different to after OCT 08 falls...
In comparison now the Stochasticss looking way way oversold, positive divergence setting up on MACD and RSI-not much left to fuel further losses. Countrend rally required soon to refuel before the final collapse wave C and bottom of bear market at 5600-5900 DJIA.
Your turn dates may well be a low and be the conclusion of wave 5 of bear market primary wave A.
IMO
dyor
The begining of March is not looking great on the US charts-BUT...
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