AFTER THE DOW BREACHED 24122 , AND OVERLAPS THE BOTTOM OF WAVE 1, THE PARTICULAR SEQUENCE IS NOT IMPLUSIVE IN NATURE
WE HAVE TWO POSSIBILITIES IN SUCH CASES, ONE OF THEM , THAT THE DECLINE FROM ALL TIME HIGH IS WORKING ON A CORRECTIVE WAVE , MOST LIKELY TO BE A TRIANGLE AS A WAVE 4, BOUNCE OFF 21700 AS WAVE B OF THE TRIANGLE WHICH IS LIKELY HIT 25000-26000 AREA, THEN THE TRIANGLE HAS 3 WAVES LEFT, DOWN ,UP,DOWN SEQUENCE TO COMPLETE INTERMEDIATE WAVE (4), OR ALTERNATIVELY CORRECTION IS A FALT PATTERN WHICH HAS 3 WAVES, DOWN ,UP, DOWN SEQUENCE
THE OTHER POSSIBILITY IS, THE DECLINE IS FORMING A LEADIND EXPANDING DIAGONAL, THIS PROBABILITY REMAINS VALID UNLESS THE LEVEL OF 26277 IS BREACHED, MIGHT BE THIS SCENARIO IS LESS LIKELY THAN THE FIRST, AND VERY NEGATIVE ON ALL GLOBAL MARKTES, BECAUSE IT MEANS, STOCK MARKETS WILL START A MAJOR CORRECTION, OFTEN ON THE SUPER CYCLE DEGREE, MAY TAKE VERY LONG YEARS
