November 25th Before The Bell

Trends tend to move in days of 9 or 13 increments; triggered by a 4 day counter trend. As noted on the SPY chart, the parabolic October uptrend moved 14 days beyond the required 4 day counter start. As of this morning, we are on day 5, of what we suspect will be 9-13 days down before a significant retrace can start.
Keep in mind we are in a 3rd wave of a 5 wave down move. This 3rd wave will be significant in scope and will have 5 sub waves within the 3rd wave until completion. In other words, after we get to 9-13 days to complete sub wave 1, expect a retrace of 1-7 days to complete up sub wave 2; before resuming the sell off into sub wave 3, etc, etc.

Tim Kathlina