Qone0 - No, I am still bearish. By that I mean that I think we are right near a ST, IT, LT top. We hit 1359.02 and we can go anywhere up to 1370.58 before I will consider becoming bullish.
What breaking 1356.48 meant was that I was wrong about the top and the beginning of I not being 1370.58 but 1356,48. There is a way to count wave [4] of C of (b) back in Apr. May of 2011 as a flat. It is not as pretty as the way I had it counted but it appears now that it was right. Bottom line is that the market says 1370.58 was the numerical and the orthodox top. The market is always right, I just try to listen to it and keep up.
If we were to make a new high above 1370.58 then I will have to really seek a solution and will perhaps have to become a raging bull. I don't mind being a bear or a bull.
If you look at the trend, right now, short term, you have to be neutral because the market has been a 25 point range for 10 trading days. Intermediate term the market is in an uptrend. If your long term is two years it is in an uptrend. If your long term is more than that it changes depending on your definition of long term.
