titanic thursday, page-7

On the T/A front, , i think its generally acknowledged that we are looking to break thru a neckline, but with a couple of time cycles due tonight, what will be the response from a charting perspective ? Once again there are a number of possibilities , all culminating in the 7th August date which has been thrown around, and one which I agree with. Do we bust thru to a new high, only to come back down and repeat the same step until the 7th, or do we drop and retest the neckline until the 7th or do we go sideways ? Someone cleverer than me might have the answer, but I believe we wont go much lower than where we are at the moment. The playing field has changed and its looking decidely bullish.
We had our correction, ( can someone remind me what that was all about ..lol ) and we wont have another correction so soon after the one we just finished, no matter how high the incdices have risen in the past 2 weeks.