Market Update - weekend update Posted on February 22, 2014 by tony caldaro http://caldaro.wordpress.com/ The bull market of 2009 is now in its fifth year. Historically five years is just about as old as they get. Since 1929 there have been 13 bull markets, and only one lasted more than 5 years. Probabilities suggest this one will end this year in 2014. It would appear the Primary wave III high is still months away. http://caldaro.files.wordpress.com/2014/02/spxweekly1.png?w=640&h=484 LONG TERM: bull market The NAZ/NDX count suggests the growth indices are currently nearing the end of Intermediate iii, of Major 3, of Primary wave III. They are nowhere near completing Primary III. http://caldaro.files.wordpress.com/2014/02/nazweekly.png?w=640&h=484 COMMODITIES Bonds continue to uptrend but lost 0.1%. Crude continues its uptrend and gained 1.8%. Gold is also uptrending gaining 0.4%. The USD remains in a downtrend but gained 0.2%.