Hi jaysee,
I think this whole "battle between the bulls & the bears" has a foregone conclusion... what we've seen since Oct 02 is (IMO) definitely corrective, and has almost run its course...
As for this latest run up - is it impulsive? I don't think so...
Doesn't matter which way it's headed, so long as we know which way that is. Even though all this movement has been corrective, it could still mark another high - though I doubt it. IMO, once the DJI dips below ~9100, it's all over, baby!
Regards,
Ultrafart.
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