It looks like the ending diagonal that's been unfolding since October 16th has now entered its final wave 5. Likely to have a throw-over above the upper channel line in a few days and then a very quick reversal to at least the point of departure: 1820.
Watch the level 2134 very carefully: this is the level where the rising wave of 2008-2014 has 1.618 fibo relationship to the declining wave of 2008. If these waves are related (probably A and B of a flat correction) then this point can be very significant and may act as a reversal point.
Watch the level 2134 very carefully: this is the level where the rising wave of 2008-2014 has 1.618 fibo relationship to the declining wave of 2008. If these waves are related (probably A and B of a flat correction) then this point can be very significant and may act as a reversal point.