Skip to main content

I expect that the correction since Oct 20,2009 will be completed by Nov 13, 2009.  Here is the simple math:
 
The following is based on my trending model:Mar 9 - June 12 (67 days in uptrend), corrected till July 10 (19 downtrend days).July 10 - Oct 19 (70 days in uptrend) , so far been (6 downtrend days).I believe the coming rally is wave B based on the time frame.  If we measure the same ratio based on the first cycle parameters: Total days in this whole downtrend = 19 / 67 * 70 = 19.8 downtrend days which we only have 6 so far.  I expect Nov 13 will be the bottom of wave C (off 2-3 days) based on the counts.