Indices started the last wave of decline before large correction

I think the wave of the decline that has recently started will be the last one before a sizable correction for DAX and CAC, while SPX and NAS are likely to set a new high before year end.

For CAC watch the breakout of the lower channel line - it will be a false one. For US indices watch AAPL @62, MSFT @39 - this will mark a very significant low followed by a bounce.