Weekly and daily charts both support a big downtrend of fifth wave is expected .Daily chart,expected target is around 13000 ,time around 20th of March,2012. Weeking chart, expected target is around 14800, time around mid May,2012.
But in the monthly chart, the current trend is uptrend of 5th wave, expected target is around 29000,time around December 2012.
Conclusion, the market will soon drop below 16000 then surge to 29000 at the end of 2012.
