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[CLK]

Unlike SPX, INDU never went back on a buy after printing a swing sell on Jan. 13th. So looks like everything else but the Dow was a whipsaw, that's why I prefer timing the market off the Dow. Since the Dow is leading though, I do not expect this to last very long before a bounce, then we see if Q's or IWM start to lead. Gold is looking very strong here, I am not an Ewave follower, but looks like back up to 1400-1450 area for maybe C of 4 off the top in 2011, but I expect a long term ABC down, so wave 5 would just finish the first wave down, bear market most likely tests 700 over the next couple years. But right now the trade is long.

Edited by CLK, 24 January 2014 - 07:30 AM.