for example....da cheif ?  And many others as well ? Please get back, we need eveybody's contribute.  

This recent pull back from the top 7 TD's ago, looks like a B Wave pullback pursuant to a C Wave impulse higher, A being the FED low, but the E Wave structure is something totally different, because we are in a complex Z wave, that is an a-b-c X down  (last Tuesday to Thursday, off the Mercury sextile to Jupiter) and now a w-x-y Y of Z. 

We are completing the [x] now and the next wave up, [y] of Y, should take us to 7837ish SPX by early Monday, that is new highs, which they will sell into WED down to about 7420ish. The broad market is not partticipating in this rally, so it is a case of inter market bearish divergence, but not a momentum divergence (NEG D).

When the old generals lead the charge at this stage of the game, watch out below because "the troops ain't with 'em". The generals will lead one more charge into Oct 16 and likely will pull the soldiers with them (because it will be the last, or C of {Y} charge) but they will lag (not make new highs) The Russell 2000 small cap is the worst of the indexes, likely due to the increase in interest rates due to our US Treasury sell-offs.

From Oct 16-Nov 12 I see a massive 40% sell-off on the SPX and higher on the NDX!

then upside resolution whatever the result that will come out. That's what I'm considering most probable.   

According to my turn probability summation system's peak readings, the days this coming week most likely to see a turn in or acceleration of the current trend in the DJIA are Thursday October 1 & Friday October 2nd.  The turn summation value for Wednesday is also quite high, so maybe some sort of whipsaw affair in the last three days of the week is possible.

Last week the Monday September 21st turn window seen in the first red bracket on the marketwatch.com plot excerpt below, more or less tagged the DJIA high trading range for the week with the exact high in very early trading on Tuesday.  Exactly what last Friday's turn window was pointing to will have to wait on trading this coming Monday.

The next couple of weeks are filled with cycle turn land mines just waiting for the unsuspecting to step on.  The week after this coming week hosts the latest crash risk window which in order to work requires the market to be oversold and for a black swan event to occur, a tall order probability wise, so a very low likelihood of occurring, but given the current wars situations, definitely not a zero risk, but you can probably bet your bottom dollar that the ex hedge fund manager duo running Treasury and the Fed will absolutely meet any market tail spin down with an immediate flood of funny money to quickly stem the drop, so a one day or two day at most slide is about all the bears can hope for. 

If no serious sell off does occur between now and November 9th with all the cycles bottoming, a melt up is possible.  Hard to believe at these nose bleed valuation levels, but short covering and the post-election relief may provide powerful fuel for a rally if the black swans decide to play chicken and roost, not fly during the crash window.

Regards,

Douglas

We likely have a run away train and a top on 9/23 1 TD past the sextile. Looks like 7963 spx by 9/23