We are now in the zeta wave and today it is piercing the downtrend signal line. This should indicate that the days of the downwave are numbered. The INDU is in a similar configuration as is the Qs. Even the Russell 2000 is showing bullish signs. Today — not yet finished — spiked up and traders did what they always do — sold it. This is a knee jerk trader reaction. They will probably be closing their shorts on the close. Never mind. We have previously remarked that this phenomenon is worth adding on to positions, and we will be closing the last of our hedges today.