Wednesday, December 4, 2013

DJIA 2013-2014 vs 1929

Calculated and charted with Sergey Tarassov's Timing Solution. For the methodology see HERE
Tom DeMark detected this 2013-2014 analog with 1929. It points to a very important market top on January 14, 2014. However, in a recent interview Tom DeMark was expressing his frustration about his signals not working due to constant FED manipulations. Stan Harley has figured on January 10, 2014 as an important top based on Fibonacci cycles. Based on George Lindsay's techniques, Ed Carlson targets the first half of January as the later of two likely ultimate top dates for this uptrend: "The current LLH interval points to a top on 1/2/14."