![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhJ-gxXFMBWfdhzi666KKqGOaaalQpZJZ5NCGf9ogb9HIHKPG2WNoFE2-lQPY6i34RKnZIRuZR126SXVgTOX5nAoFtZenNSdlG3hpgWhbHTpFGb6SnxffBonypaEgcDdnhM4xiE2hN5abS/s320/count0406.png)
The market continued its sideways corrective move today and I think odds favor a bullish day tomorrow that will challenge the high for the year. My best guess is that this wave will end in the 1355 area before seeing a significant correction. So I am staying in cash and waiting for a favorable risk/reward opportunity. I think once this wave corrects, we will a huge rally. Especially US Dollar denominated assets.
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