Monday is now the critical day, it either crashes or it trades higher above the moving averages and continues on up until 9-17-07. Time is in the seasonal solar eclipse fall equinox crash window starting Monday. Note we can see five waves down to the “C” wave low? Monday if the open bounce stalls below the 1469/1472 moving averages zone and accelerates below Fridays low on down to the low 1430s the market is crashing. If it opens up and closes above the moving averages then we are up cycle until the FOMC meeting. Next weeks max up cycle projections are 1475 to 1499, max down cycle projections at 1451 to 1428. Odds are we do not get a crash and we see a move up to near 1540 by 9-19-07. Note how close the two charts are to a buy signal? I like to see the 60 minute stochastic below 1.0 also however it can bottom now or we may see a dip to 1445 lower band first.
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