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Dow Jones

Ending Diagonal

This week gave us the final fourth wave (of the fifth) of this five month rally. The exchange shows very clearly a corrective B wave up, ready to complete a fifth wave up of the C wave, which will lead within the next week to another crash to a new low. This most likely will happen right after the elections. At the moment the market is being held up by QE unlimited the FED's have bought over 1 trillion mortgages. In our opinion page we have more details on this matter.