Joe,Thanks again for your time and efforts. I know everyone following this blog has a great deal of respect and appreciation for what you do.Since we are now not that far from 2323.71 (the max limit for minor 5) I wanted to consider the implications of exceeding that level.As I view it, if the market exceeds that level we would be required to downgrade minor 1,2&3 to minute status and minute 5/minor 1 would move to the Jan6 high of 2282. This would place us in minor 3 with implications of much higher levels to come. Your thoughts appreciated.
The up count I provided in today's update suggests a way for a top to be made before 2323.71; what you suggest is reasonable. I just don't want to get ahead of myself, because then some people would say, "you said this." And I haven't yet.
LOL, I do understand. I wasn't placing any odds on the market going higher. The market does love to surprise us so I just wanted to try to have an understanding in place in case it does happen.