Math is Beautiful

We have arrived at Thursday. I do expect a bounce from here but the larger decline is not over; as indicated by our momentum indicator (top line in red) which is making a new low along with price.

However; we do have the second side of a 3-D pyramid in place and the Elliott wave iii decline was 3.618 times that of wave i.

So a bounce. Maybe we should keep our eyes peeled for a quick (over the next couple of days) move towards 1500 on the cash s&p. Maybe.

To Be the Top or Not to Be the Top

The top appears to be in. But is it "THE" top of this bull run from the October 2002 low? I think it is but TIME will tell. Speaking of time; perhaps a short-term low on Thursday the 26th?

I will see you then.