The US stock market could be setting up for an October 1929 style crash - if the following analog first discovered by legendary market timer Tom DeMark plays out we could be in store for a precipitous fall in global stock markets over the next 4-6 weeks:

Click to enlarge

Dow_1929

Chart courtesy of Patrick Ambrus ( www.fractalvibrations.com)

According to the analog we are now in late-September 1929 and a small bounce should take place over the coming days which will set the market up for a crash which should unfold violently over a 4-6 week time frame into mid-March.