Triple 000 and Sub-penny Chart Plays

[trader53]

Market Update - weekend update

Posted on March 8, 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.





LONG TERM: bull market

Expect Major wave 5 to complete around mid-2014.

Expect the Int. Wave III high,
some time by around June, maybe longer,
around SPX 2000.


This liquidity driven Cycle wave [1] bull market
continues to exceed expectations.

Just as, I would imagine, the liquidity driven
1932-1937 Cycle wave [1] bull market did decades ago.

Then, Primary waves I and III were rather simple
one year affairs, with an extending Primary V
taking three years to unfold.

Quite similar to the 2002-2007 bull market.
Although the waves in the 2002-2007 bull market
were of a lesser Major degree.





This bull market has had a two year Primary I and,
currently, a three year Primary III.

Primary II, for those that keep count, only lasted five months.

Primary I naturally divided into five Major waves, with a subdividing Major wave 1.

Primary III is also dividing into five Major waves, but Major waves 1, 3 and 5 are all subdividing.

Major waves 1 and 2 completed by mid-2012.

Major waves 3 and 4 completed by mid-2013.

It would make sense then, to expect Major wave 5 to complete around mid-2014.

Especially since the subdividing waves of Major waves 1 and 2, Primary I, also completed in mid-year.