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The Market returns to the same level for four days :confused: . This may be a sideways market :cool: . Above the line is Bullish, below is Bearish :) .

The correction predicted by both Wave 1)5 and Wave 3.3 counts unfolded. Next Wave 1)5 and Wave 3.3 counts will diverge. A lower low as Wave 2)a versus a higher high as Wave 3.3:3 :confused: .

DOWN as expected :) . But is this 3.3:2αβγ or 2)a.1:1i-ii-iii? :confused: .

Wave 3.3 versus Wave 2) confused: . 14 RSI has not touched 70% . 25 SMA crosses 50 SMA UP . MACD still UP .

So we got our measured move UP as expected :) . The DOWN move looked impulsive this time :( . After the best 5 weeks since 1933 it may be time for a correction :mad: . ROC is decreasing. Volume is decreasing. Everything points to a correction, but P&F Pattern = Ascending Triple Top Breakout...

After the smaller than expected set back :( , the Market's UP move today looks impulsive :) . There may be a measured move UP :D .

The supports for the correction are 7751, 814, 1559 or 7488, 779, 1485 :( . The Supper Bull (green) Count's last wave is Wave 3)3.3 which should be the strongest subwave in Wave 3) and the target for Wave 3) is 1007, 9653, 1785 :D .

Fifth wave at convergence of resistances :eek: . There may be some set back and another big measured move UP or may be not :confused: . Wave I1]1) or IIa] may be in fact Wave IIc] which can go DOWN another 50% to INDU, SPX, NASDAQ = 4043, 428, 826 :mad: . Symbol Last Change % Change...

Higher High = Buy Signal :) . May be another 35 points (SPX) UP :D .

Fifth wave :eek: . "M" pattern at 850 resistance level is not a good sign :( . A diagonal triangle, ending or leading is not a good sign either :D . Sell Signal if the "M" pattern is confirmed. Buy Signal if the "M" pattern fails :confused: .

"W" pattern confirmation turned out to be a Bear Trap :eek: . But the support was strong enough :) . There is another "W" pattern to be confirmed :confused: . Futures point to the "W" pattern confirmation :D . Target may be SPX 835.

"W" pattern if confirmed, the chance for Wave :3iii will be more likely :D . Five and four overlapping waves of same sizes give the impression of a corrective wave DOWN :D .

DOWN move should end here if Mr.Market would like to go UP, because Wave :3ii is about half of Wave :2 :) . There are support from gaps, tops and bottoms :D . If Wave :3ii is equal to Wave :2 it may turn out to be Wave :2.c and can make a lower low :eek: . Has Mup recovered from his illness...

Target almost reached :) . There may a measured move UP soon :D . Where is everybody :confused: ?

There is an inverse relationship between SPX and volume :confused: . May continue lower to target :)

Looks like a wave five failure :eek: . The "M" pattern is confimed, the Gap may be closed at the completion of the "M" pattern :) .

Five waves UP completed the reverse Head and Shoulders pattern. After some correction after last (red) measured move UP :) , there may another two green measured moves UP, as wave v.iii and v.v to complete Wave :3 :D .

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