they won't let me post the excerpt from the newsletter I follow which is calling for a 5% nosedive in early October 2014 If anyone is interested in what lies ahead send me a private message. I hope the market weakness that is coming does not drag down CTIX too much.
Our view of how all this fits together is we could see a stock market bounce over the next week or so, but then later in September into mid-October stocks could fall hard.
This next decline is wave c-down of a 5-3-5 zigzag pattern for wave d-down shown in chart on pages 22 through 26. One of the reasons our confidence is high that a strong decline is coming soon, are the Bearish divergences all over the place tonight.