The Master Cycle (MC) needs 2 more "hits", ie a future Highs and a Lows in the next few weeks, to confirm the MC is active once again.The general bias is bullish based on other Cycles as well, including the 22 Month cycle (click on chart to enlarge), which bottomed on 2/5/2010 Low along with the MC.
If the Master Cycle is correct, pullbacks will be minimal for much higher prices.
It should be a Bear grinder all the way higher.
There will be brief pullbacks, lasting a few days to a week or so, like today.
The MC suggests all pullbacks should be used to get long.
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