T/A ETF AND INDEX

[stkboy1]

The thing that concerns him is the market is not confirming 52-Week New Highs. Bliss had a flag concerning this last week http://investorshub.advfn.com/boards/read_msg.aspx?message_id=40538168

I also ran across an analysis that said Swenlin calls are only spot on 62% of the time......fwiw. Slightly better than a coin toss.

For a wave iii I wish the decline would have more punch. I know it can also be a couple of i, ii's but the iii better kick in otherwise the two Friday declines are going to look like another abc. This is what really got me during the first week of July as well as many other traders.