Abet Chichi2

[chichi2]

Futures,Daily,Weekly Major Indices, MajorSectors,&moreCharts

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Daily charts for $SPX,$OEX,$NDX,$INDU,$XII,$VIX (since_April_2010)
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Weekly charts for $SPX,$OEX,$NDX,$INDU,$XII,$VIX (since_2009_Bottom)
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Monthly $SPX chart since 2009 Bottom



Weekly $SPX chart since 2009 Bottom



first posted July 13, 2010 by Chi2
yours is a reasonable question: Ans=

when 1300+ comes since it will be Completing the Five Major Waves Up, there will be a Major Correction.

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However, this general long term forecast was posted in 2009

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when the Major Bottom was put in at 666, SPX went up about 290 points to Top of Major Wave 1

corrected in Major Wave 2,
then started on a New Angle,

Major Wave 3 topped at 1220,

then it corrected in Major Wave 4, as many normal Major Wave 4's, it was a ZigZag wave of 5 mini-waves.

When Major Wave 4 is completed, Major Wave 5 began,
Major Wave 5 will finish itself at 1300+


thus eventually, i am calling it longer term, before a major correction of any sort of size,

i am still seeing we will get to 1300+
before this may happen.

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the above is a reconfirmation, to day is 10/30/2010

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this is not always the case as Wave 5's sometimes..
they just fizzle.....