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fifth what to expect *PIC*
By:charleydan
Date: Saturday, 26 April 2008, 11:20 am

The market is in its final swing. I just want to illustrate what most likely will happen. Or something similar to it to illustrate it.

If you notice on the left of the chart the fourth wave broke trendline and never did get back inside it.

That happens often in the market with the final fifth wave, showing weakness. The fourth wave will break treadline and the fifth final will never cross back over.

Look for the consolidation of fourth wave or draw an trendline to find the breakpoint to determine the top as I did with a second trend line.

I am sure the pattern will be different as contrarians it always is, but will still be impulsive upward.

This being the final wave up and will not return here for weeks and most likely a few months. Long term target 2.382 @ 1109. Will let the market confirm that with the -1-2- formation.

sillywaves
charleydan

http://sillywaves.blogspot.com/