Complexity

Though the average person dont see it I think this market is very complexed. Right now we are moving up on very little volume but never the less we are moving higher in price. My general rule is to play light when volume is non existent because that just means the big guys are not playing but I have come to a realization that what has happened is that the equities market is not as lively as it use to be and therefore we have lower volumes.

Only thing working correctly here is the time projections which I had for market highs in April or June. Funny enough we hit it dead on in April but I am still getting one in June. What that tells me is we might get a significant sell off sometimes soon and then charge hard again to a new marginal high June or September (Minor reflection time projection in my analysis) but after these dates the market will fall under its own weight.

I still have 2012/13 being a cycle low so I would be looking at that long time frame as a nice long term short period just as last year I said we would hit highs somewhere 2012 April/ June.