This vid covers it very well. Take careful note what he says about the % of bulls at the bottom and the % of bulls right now. I have been asked many times when I figure this B wave rally up will end, the short answer is when enough people start believing this is a new bull makret. Well seems Bob places that at 87% right now, the longer that remains the more likely a top is in. He figures we likely already started, I lean to one more last rally, thing is it could end any minute.
Bob Prechter: "Quite Sure" Market Will Crash And Break March Low
I find it interesting he is bullish on US$ and I am very bearhish. But he may be talking the short term, as in 3-6 months, and yes the $ could put in a good rally before it DIES.