I don’t know either but seems like everyone keeps wanting to play the bounce.  Some Elliott guys are saying we are maybe still in large 3rd wave down.  If so that may get us to 3200.  3500 giving might be first indicator.  Maybe 3200 in October, bounce next 3-4 months and then down in spring to that 2200 level?  I am not a technician just synthesizing all I hear.  But as Steve says project monitor and adjust.  I will be happy to go long from here as well.  

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