The emphases will be on short term to long term Index trends.
Note the Bull/Bear Logo will change with Cycle Trend changes..
This is not a perma bear or perma bull board.
The near 3500 point market correction is delayed. Intermediate wave (5) is extending up.
5 of (5) of [5] of V of SC (I) could have ended at the last high.
The top of Super Cycle (I) will now be near 5715.
Super Cycle (I) began at 666.75 in 2009.
This market correction will be Super Cycle (II) with a target of 2200.
As always, there will be opportunities to play up and down moves in the market.
However, when the correction begins a bearish mind set will be necessary to take full advantage of this rare opportunity.
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Part one of " Elliott Wave Principal" elliottwave.com
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