Jun 19, 2014


The short term picture changed a little bit, but the plan stays the same. After such a choppy move I thought we will see first lower low before the new highs... obviously not.
The plan is the same - short term top on strength,profit taking and another higher high followed by a correction.

The target seems to be 1975 for the upside. Everybody are expecting 2000 I think they will be disappointed:) we will see 2000 but later in the summer.

The explanation for a blast from such ugly move is - 1 for Leading diagonal and now we are in wave 3. Bellow are the ideal projections for wave 3,4 and 5.

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