This week the market is putting another bar in the Weekly analysis which has been guiding this blog since soon after the Wave 2 Top shown, circa late summer of 2008. Each new bar has brought the weekly stochastic just so much closer to its pending SELL SIGNAL. It's not a matter so much of if anymore, it's a matter of when. Now, the fundamental backdrop of a deadly global flu pandemic is filling the "How & Why?" pieces of the puzzle.
Doesn't look like prices will reach the upper channel, but that possibility is out there, just in case. Looks to me like one, maybe two bars to go and everything comes together in one heck of a global panic.