I am asking you what your triggers would have been on a daily. Is it enough to advise constantly trail up you stops and one day at a time. I can read all of lines on a chart as well

So the other day you gave about four different possibilities. for the S@P. So how did you trade or would trade it if it were on a daily chart? 

Thanks Matt very helpful

I am a past subscriber Of Mcclellan and have seen him on financial news several times. He is worse than flipping a coin on his calls 

How would we know at this time if this could go into an ABC on the daily vs a bounce to the top

I agree . The only reason I subscribe is for the charting. This site mostly benefits day traders 

I understand your take on the long term but any measure this short term or not so short term melt up is very rare. There needs to be more discussion on how this is to resolve in the weeks ahead 

Another short covering rally

What would you need to see to start shorting $sox

With the large gap up on qqq what are your thoughts on layering in on sqqq, thanks

Sorry . I am going long a Canadian ETF that mirrors ERY. My question was in response to a news letter that you did where XLE and had broken symmetry and one could wait for a drop to long again vs using an ETF like ERY to short oil stocks now, but layer in  

Thank you

I was thinking shorting with ery

My thinking was scaling in vs stops

opinions please on shorting oil stocks for reversion trade vs waiting for a pull back to go long because of the symmetry break

What if your trades are weekly. It is not secondary then as you 401k dry paint system has been in cash since March. So it does matter. We are at new highs 

I trade weekly so the daily and weekly are valid charts to be working from. Has this advance gone too far for the wave 4 that you have been following to unfold? 

Is the weekly on the s&p on a wave 4 down to trendline about 1600 still in play

I agree with the contributor. At some point a label needs to be assigned to what we are experiencing. For most of the fall of 2012 you talked about the sh...t to hit the fan in 2013. We are now 45% higher. Even when the huge breakout at about 1500 your sevice did not say first that you were wrong or what market we have. We cannot have it both ways. Many technicians have called this a new bull market a long time ago  

Hi Steve

You have mentioned that the bull case would be an 4th wave down with 5 to go as a primary count from the 2009 low. If so what would a 5 th wave measure to or is it usually the same length as 1. If this the bear case and we are done here, what would it look like