Buy the dip?
It is just unreal the number of indicators lining up here.
We have a Wave 5 complete on SPX calling for lows below 1000.
We have a completion of the Kitchin Cycle (4 years) calling for lows below 1000.
We have the Grand Super Cycle completing.
1) January to July 2008.
2) We have had three GSC's
a) 08/1896 to 11/1929 - 397 months, INDU from 386 to 40
b) 07/1932 to 02/1966 - 403 months, INDU from 1001 to 570
c) 12/1974 to PRESENT - January 2008 will be 397 months and July 2008 will be 403 months.
Of note - both these GSCs bottomed on the Inflation Adjusted regression channel which goes back to 1813. At present this channel bottom is between 2400 and 3300. (if you consider the 1929 collapse, near 85% market collapse......)
-12/31/1974 INDU hit a low of 570.01, the low of the cycle.
And we have this potential TP and a DH top pattern in play.
Two setups if my model is right.
1)
Point 23 14,000
Point 24 13,500
Point 25 13,650
Point 26 12,000
Point 27 12,800
Point 28 10,000 with potential bounce into May of 10719 to 10984 if they hold that line.
2)
Point 23 14,000
Point 24 12,000 (11939)
Point 25 12,795
Point 26 9783, 10,000, 10156
Point 27 10,984/10,719
Point 28 Below 8000
Two different time lines, depends on how fast or slow this unfolds.
All of this in the face of a housing collapse and dollar collapse. Uncanny really.
West
Market Data 
Markets 
AI
