I am seeing an extended fifth wave push higher. We have definitely picked a side for now and that side is up. I feel strongly that we are still in the finishing stages of wave 2 up because the wave can retrace 100% of the original down move and then continue its larger path downward.
I hope all took advantage and sold up into the strength of this market. Here is a chart from the finish of last week.
My best analysis says that the absolute top would be the top trend line or a break just above the trend line such as a throw over. I recommend everyone reading up on Elliott Wave International because they are the true expert market forecasters. You can get a great read and the FREE resources by clicking the banner ad up top or watching the video and signing up for the FREE account afterwords.
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I will update as soon as possible, until then, read up on Elliott Wave International.