The big drop that I was warning is likely to accord on this coming December 2018. There will be a drop between 25 to 39 percent. The Dow Jones Industrial Average resistance point will be 2015 lows.
I'm just curious, where do you start the wave 5 of the supercycle? I suspect I am alone in starting it on 10/4/2011 and as such I see this as only a smaller degree retracement of wave 3. As a result, we will see a significant drop but due to a fibonacci of between 100 and 123.6% of wave A, I would expect it to only fall to 23,000.
traderz26
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@lbrayton, great question, but I don't use fibonacci