T/A ETF AND INDEX

[POKERSAM]

We are at a crucial area in the markets. Though this is not my preferred count I wanted to mention it. Any break above 900 will change the minor degree count and carry the market to around 950. Should this scenario play out the market will then decline to approx 800 before rising to around 860. This triangle pattern will be followed by a sharp thrust to the downside and new lows. This scenario will take weeks to play out. Another thing this scenario will accomplish is the plundering of bulls and bears alike. Both do much better with a straight line.
I expect a BIG Spring to Summer rally. Lest anyone think I am a perma bear.