Wednesday, August 13, 2014

A Pause

Beginning with the longer-term possibilities as usual, nothing has changed; a sideways correction underway from 2014 [iii], an impulse higher from 2014 [iv] with its 4th or 5th wave completing, and a correction underway of size as large as the pullbacks seen since the 2011 low (a size like (2), 2, [ii], etc.) are the options to keep aware of although they are not strong.  The reasoning behind this conclusion can still be found here.

Read the full 1000+ word update at as well as material from other writers including our consensus opinion of what is coming next and how to position one's self.

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