DJI Support .382 We are or have Ended wave A or 1 down !Dow Jones Industrial Average IndexDJ:DJIwavetimerThe chart posted is where I see us in The DJI at this time ! we are now forming % wave down in what I view in two ways . That the drop is a wave 1 down this is due to the DJI going outside the BB bands by 1.015% but the issue is based on the data going back to 1902 The min outside the bb bands needed to call the Top was from 1.4 % to 3.1/3.4 % . For this reason I can also label the 5 waves down as wave A . I am looking for a sharp 3 wave rally for a wave 2 in the very bearish case CRASH into oct 10th/20th 4year cycle low . But some of The models and cycles could be we are forming an A wave down in a correction if this is the case we will break ABOVE .618 to form a wave B . B waves tend to see .786 correction wave to 1.382 the drop in a much larger correction . I did not have a bearish Divergence in The A/D line at the cycle peak Take notice of The fib relationship calling The TOP it also hit The 100 year trendline at the high . Best of Trades WAVETIMER