Spirals Aligning This Week For Yet Another Possible Top

Posted: under Predictions, Stocks.

Stocks have been rising on a bubble of optimism since late summer last year and we are at yet another place where a turn seems possible, even likely. However we need confirmation in the form of five waves down and a significant increase in volatility.

I recommend clicking on each chart to see the enlarged version as browsers tend to do awful things to shrunken images, such as remove price bars entirely.

Dow

Spiral Calendar Turn Dates Chart For DJIA for January 7th, 2011

Spiral Calendar Turn Dates Chart For Dow Jones Industrial Average for January 7th, 2011 – click to enlarge

New visitors: please see this post for a brief explanation of the spiral calendar.

Comments (3) Jan 09 2011