T/A ETF AND INDEX

[desertcynlite]

While that is true for the S&P and Dow, it is not true for the Nasdaq. I find this puzzling and am not sure how you reconcile this. Perhaps, you know the answer?

So many theories to consider. EW has it's merits. I am not an expert but, use it loosely in trading. Not sure why you are hanging your hat on cycles. I find using a variety of moving averages along with fibs and monitoring the VIC work well for me.

Who knows what the future will bring. Here's an interesting article that further argues the direction of the market.

Cheers,

http://www.istockanalyst.com/business/news/5394731/uncertainty-grips-economy-market