Sep 27

This move up is too strong for yesterday's micro-count (the 15-min chart) to be correct. Here is my revised count:

Sep 26

Current thoughts:

Sep 25

See Thursday's post for what I think is happening: Sep 20

Yesterday morning the 60-minute System issued a sell signal (https://twitter.com/binve01/status/250225758616838144) and today has the look and feel of a breakdown. I think we will be correcting for the next couple of weeks.

Sep 20

I think this might be what's going on:

Sep 19

I occasionally go back and look at my monthly charts and today I was looking at my SPX monthly chart. Here it is for any one that is interested. I still don't think we have seen 'the top' / end of this cyclical bull market. Still no divergence on the monthly MFI for the last series of peaks over the past year. Read this chart below in conjunction with my most recent long term projection (with lots of links to previous long term projections): Update on Long Term Projection (08/17/12)