DJIA Record High Intraday Peak Update

 

Since late yesterday, the 5 indices I cover all seemed to peak and then started a strong decline. The peak we see in this intraday chart could be one out of a million, but if we don’t locate this peak then all our wave counts will just be a good guessing game.

The majority of investors are all leveraged to the long side and it’s only a matter of time before they realize that the shit has hit the fan, and they too will start to unload. The stock bubble the world is investing in has far surpassed the stock market mania that peaked in 2000.

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