Abet Chichi2

[chichi2]

Gayer: eWave forecast for DOW and SPX, Sept13

COMPLETE ARTICLE WITH GRAPHS
http://www.safehaven.com/pdf/091304gayer.pdf

CONCLUSIONS

1. It is hard to at present to determine what is driving the market up. It is reacting to news in a bullish way irrespective of BEARISH or BULLISH news content.

2. There are some problems in interpretation for the momentum of this move up is high. However it is coming up on low volume and that is a negative aspect. However the momentum may be a bit too high for an ending fifth wave.

3. The structure at present is excellent again for a completion. However, it would require the DOW and the S&P to start to move down from open.

4. The position should clear itself by the end of today’s trading. A strong up move here today would destroy the TERMINAL in the making.