25 Nov 2014 - Still Corrective You See..

Although markets made a higher high, we could still be in a corrective phase.  That said, a top is nearing.  Question now is if the top is a short-term or minimal top or a significant one.  The indicators will eventually be the tell.  The lower peak in our overbought market has formed which led me to this analysis that a top is near.  At this point the intra-day time frames are still the driving force of any downtrend and thus a short or no evident of a sustained correction to note.

Yes this blog is pretty boring since I have made alterations on how to inform my readers, but it is what it is. UP until it tells us otherwise.

MT: UP
ST: UP
PA: NA