The market started to correct itself and I am assuming we will see the 50 DMA tested. But given the potential IHS, we could see the market get all the way down to 2072-2084 support to form the right inverse shoulder. If support is found at the 50 DMA, there's the possibility of another leg to new all time highs before another substantial correction. The intermediate term trend has turned bullish, so all signals are clear for a rally. What remains to be seen is how the correction evolves in the next couple of sessions.
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Short Term Trend = Bullish
Medium Term m Trend = Bullish
Long Term Trend = Bullish
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