INTERMEDIATE TOP IS LIKELY IN, BE PREPARED FOR DEEPER CORRECTIONS

hsi dec furutes

Hsi Futures broke its  recent top to 22300+ proving that our view of wave 3 topped out  and wave 4 would be started was wrong (Re our count 11-9-2013). Looks optimistic, right ?
Hope not ! We view this as an intermediate top of a 5 waves pattern finished  which will trigger an even deeper corrections. No high will be seen at least before Dec. 2013.