A-ORDS

The charts doesn’t have today’s down 1% included but the market is oversold and due a correction. My best bet would be a relief rally starting with the open tomorrow morning 2 Feb.

There is a lot more weakness to come in this index, only thing that remains as a positive for the bears is that we may be coming down in wave B with C still to come before we collapse.

The reason I say this is because the rally from the March 09 lows can possibly be counted as a 5.