Can we lose 6% this week?I am short this week. Long for the following three. Short for the four after it.
We should start strong on Monday and finally end Intermediate Wave 4 early. Right now the models point to a bottom by Friday, that bottom is projected for the 4160 mark. This would mark the final bottom for Primary wave A which has been the downtrend since the beginning of the year. Next week, not this week, we should begin massive upward moves which should last a little less than a month. Early estimates have the market gaining around 14% after we find the bottom this week. After Primary wave B tops, March would be a blood bath again, with early forecasts of the bottom occurring below 3650.
