Sunday, 12/6/15 update

In recent years the equity markets have been doing an excellent job of training folks to always "buy the dip".  That strategy was certainly successful this last week.  One of these days a whole lot of bulls are going to get trapped by that mentality.  But it appears we're destined for new all time highs before that occurs.

Current most likely count in the ES:

Short term 

Intermediate term

Long term