I have two long term bull tgts for S&P 2398 and 2859……again I see 5 waves up from the ’09 lows @ 700…we are in the 5th wave but have only done waves 1 up and 2 dn of that 5th wave…now in 3rd up..so have to see how far that goes an equal move to the 1st tgts 2264…then we get 4th down and 5th up. That will end whole move from 700 area…then we can have major down move in huge 2nd wave down.
In short the action and wave counts show no sign of end yet.
I gave up shorting the pig a long time ago…it hurt my pocket too much.
Best Maddog