Thumping Thursday

Thumping to the bears that is.  In EW terms, looks like we finished the 4th wave of the pattern off the low of 2/25 and now are in the 5th - and final - wave.  Another daily up close on E-minis, that is now 10 days running which is really rarified air.  If this is a 5th wave, our target is in the 1155 - 1160 area using EW analysis.  Still in cash waiting on my system.