Anytime an corrective wave pattern shows up and holds flat--the trend continues. The top appears in now, but it is all about timing your entry or be ready to get out till you get a boost in the direction intended. There is not a thing wrong with getting out with a few bucks and entering again later.

Long term chart tonight. The red angling down line comes off an beginning of wave one(May high) and end of wave two(Aug high). That drawn into the future helps identify wave four. This puts objectivity to ones analysis.

By hitting it. It tells us it is wave four. It may be the end or may be greater.

This week the market clearly broke higher. So time to figure what pattern is up.

If you notice the last two waves are labeled -a- and -b-. The size of indicates the market has gone into a larger fourth wave here. Most likely it will unfold into an -abcde- pattern. I put the -4- about where the market should end in price, or it may choose to go lower before finishing the fifth wave that will most likely go to 1008.

So for a few weeks the market will be sideways up and down in that a defined area.