Replies to post #36718 on Triple 000 and Sub-penny Chart Plays

[trader53]

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.



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.



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%.