Interesting Andrew - I have been trying to follow the sequential and countdown on the XJO and RUT daily and we in particular just keep counting over and over with no obvious end. Mind you Dmark isn't a gift from God - it is only an indicator!!! Also, too many people had started to swear by it, so no wonder the daily stopped working.
At this stage the leg up in the SPX from the November low to the December high almost matches the distance from the late December low to here. If you wanted to make a bearish argument you could say that we have done an ABC up. But I think it is still part of an overall larger pattern that isn't complete yet.
But seeing as I am away from my office next week, you can rest assured that something from left field will happen.
But thanks for the reply.
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