I now find myself at odds with Terry Laundry and his T system who is looking for a high in March, which is confusing since he is looking for the final high in this bull run in August 2010.
Martin Armstrong in his latest article is still talking about a possible low in this time period (thanks to the editor of Geronimoscalper in answer to I have this clarification... "closing support for the Dow will be at 8600 and 7200 levels. A closing below the first will signal a retest of lows for May, where as a year end closing below 7200 will signal a test of the 5000 level with the most extreme support 3800." also... "the two yearly targets for a major crisis are 2011/12 and 2016."
So the Dow will have to shed a fair bit by year end to turn more bearish which I believe will be the case, it may just be a test of last March, considering the lower NYSE chart below, also consider that the Nikkei and Nasdaq 100 did not put in a lower low in March.
