Hard Rain Going To Fall

Its nervous times at present. The DOW seems to be the leader with all else following.
As with all bear markets they usually work in three waves down. I am sure that the first wave ended, wave "A" when we hit the low of 6470 early last year that then commenced the rally which completed when we reached 10730 this January and thus completed wave "B". I believe now we are possibly into the start of the final wave down in this bear market and could test the lows of last year, my hope is that we pull up around 8600 which is 50% retracement but there is a distinct possibility of falling through that level to 6470. This move could take the best part of the year and any recovery may not be apparent to the latter stages of the year.
Gold whilst following the DOW currently is in a different stage I believe that gold is in a bull market and is just completing the 4th wave down waiting to confirm this at US$1075. Today's move up in gold in Asian trading and London markets showed good support with a US$41 rise to US$115 in 36 hours.
Not worth posting a chart the last one still says it all on gold.