Well the party at Damocles’ place continues. Pass me another glass of beer and do not look at the sword.
It looks like the call that we are still in Primary 2 up was the right one. As we said last night:
“It is either over or needs another push up to 1155 – 1160.”
It looks like the market needs to continue extending this fifth until the 1155 – 1160 mark. Chart of the rally below, followed by a close up on the last few waves.
