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[blustar]

My astro/cycle/wave analysis sees a sharp 'b' wave jolt down Tuesday the 4th into the lower 7400 region SPX, but the pattern is still bullish into Thursday with my target of around 7662/63.

 

After that, I see an 87/91 TD low due Monday, which in my work is a 40 week low. The astros also look negative, positing a possible corrective jolt to the down side to cover the gap near 6604/05. That would be around a 13/14% quick drop. The chart of WTI suggests we should see a quick run up tomorrow, which may be the blame for a sudden pullback.

 

The chart looks pretty much bullish after August 10 into around August 19/20 OPEX Week and new highs possibly over 8000. After that: watch out boys a BIG bear is coming into mid Sept! Could be as much as 45% to the downside.

[ZIDANE]

Um...this is not going to happen...in fact, he opposite is happening. We are still in the parabolic phase of this monster bull run. While the NDX / QQQ corrected over 10% in the weeks leading up to last week's monster bottom, keep in mind that was an absolute gift from the bull godz. They weren't as generous with the Dow / SPX, which barely budged 3-5% from their ATH's. They have since fully recovered and blown past ATH's over the past couple of sessions. 

 

All dips are buying opportunities and minor pullbacks are just noise. The trend is up and remains up until proven otherwise!