THE DOT - if this turns orange or red be alert

Thursday, April 23, 2009

Bond chart confirms a correction in stocks imminent

We are at the final part of wave 5 down within a bigger count ( as at some point bond markets will crash in Q4 this year). That on the other hand confirms a steeper correction for stocks in the pipe as they on a save heaven basis will rise.
VIX does confirm as well as it made the lows and will spike higher very soon.
The 15 points Bonds lost might be corrected by half way towards the 132.50 level - at least we will see a rise to the 130 level though.

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