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Dow - Are we ready to Crash?

19 Feb 2016 ‚óŹ 05:57 AM

The Dow is critically poised, if I have to think of the best bearish wave count it is this. Not wave 4 or wave 5 complete at last weeks low, but wave 2 just formed as an a-b-c , flat, 3 waves in a channel. Unless wave c extends it should end close to the channel and wave 3 down should start. Wave 2 has retraced almost 50% of wave 1 so that is enough. 61.8% would be at 16868 in case wave c up extends higher.

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