sp'weekly'4 - hyper bullish outlook
Summary
I have posted this a few times lately. I've changed it a little, but I am increasingly liking the count as I have it.
The only problem is that it results in sp'2500..or higher, by late 2015/early 2016.
Not exactly the most bearish of charts is it?
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If the above chart is broadly right, we'll see two very minor pull backs this year, but smaller in size than the ones of 2012.
Right now, it looks like no major down wave until late spring 2014.
Yeah...another year away. Urghh
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BKS still looks a real mess.
More downside looks likely, even with the main market rising.