13 Apr 2016 - Exceedingly Clear

Yesterday's blog post suggested new highs a high possibility and today we exceeded the early Apr. high.  This was brought about with the ST turning UP yesterday.  These signals are also in sync with many of the bullish indicators such as the PA and SEN trackers.  Add the weekly and monthly characteristics discussed at months end of March.

A wave-C could surpass the early Nov. 2015 high and still be valid as an a-b-c as a bearish wave-2.  The ATH price made in May 2015 needs to stay intact if wave-2 is to prevail.  However, a bearish stance can still be had if the ATH is exceeded.  This would label a possible correction pattern as a larger B-wave.  These are all possible theories, and the bullish one of course does not need any explanation for its ATH revision.

SEN: Bullish
ST: UP
PA: UP