Alert

Keep an eye out :

9558 for the DOW, S&P 1030 – these levels, if exceeded probably mean the rally will continue

A break below 9116, 978 in the S&P means that the current peak has already been met and the probability of Wave (3) down – which is in it’s early stages.

We recommend putting stops on all long positions and phasing out to cash. If the above break lows are realized, some short positions would be prudent. More to come as we follow this.