Posted below are a few charts with analysis and comments annotated. The first chart shows potential symmetry with the 2011 top. If it continues to track, 10/15/13 may be an area to look for a low, followed by 11/27/13 for a possible top. At the moment I'm thinking the highs are in and a rally into late November, if it happens, would be to a lower high or double top. However, in this market I wouldn't rule anything out and a run to 1775 area would be an AB=CD measured move from the 2009 low. The second chart is just a linear time square of 3292 trading days between major tops in 1987 and 2000.
Kim Rice 10/1/13
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