WLSH and COMPQ now also in confirmed Primary IV wave down

Yesterday, the WLSH5000 (the whole market!) and the COMPQ confirmed their Primary III top and that they are now in Primary IV down because they traded and closed below their August low. Hence, now we have confirmed that the whole market is in Primary IV as well as the Technology sector. Both have now also lost their long term trend line support. Need say no more!

(click on pictures to enlarge)

COMPQ update 10102014

WLSH5 10102014

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