Very quiet ES this week with an 18 point trading range. An old adage is never short a quiet market, which adage should apply here as the EW count (if correct) suggests a 5th wave pop to new ATH's should occur in the near future. Bears will only need a little patience here, because the current long term count show that potential 5th wave top to be the culmination of the bull run that started in October, 2011.
Saturday, February 28, 2015
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