I don't have much time this week so I can give you only a short update.
With the rally yesterday I think that Minor 1 bottomed on February 5th also for the Dow/SPX and not only for the Nasdaq/DAX/ASX/ES.
The ideal retracement for a wave 2 is 50 to 62 % of wave 1. This suggests a top for wave 2 around 1100. A possible target is 1105, the top of wave [iv] of 1.
If the bulls manage to retrace more than 80% of wave 1 I'd be very cautious if you're a bear. ; )
