Looks like short cycle top during week, but 24 day cycle (1/4 Wall) remains up. Wall cycle and 1/2 wall cycle down. So up for 2 days then down..
Even though we saw a buy the dip reflex in 2014 it seems we have seen or should see a top soon. We had a sideways move with fairly even spaced tops followed by an upside breakout. This happened in 1929, 1937, 1987, 2000 and 2007. Here is a visual for your consideration showing 2013 sideways and upside breakout:
GL traders
Did not hardly make it thru 2 days up
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