We Seem To Be Caught In Suspended Animation

There really is not much for me to add at this time to my weekend analysis.  The market is simply grinding along sideways for right now.  I still have no clear indications a top has indeed been struck, as the last decline was a 3-wave event.  This leaves the door wide open for the market to make another push higher.  

So, I will simply repeat my larger degree suggestions. While I still think one has to consider how much exposure you want to have to the market up here, we have no indication as a top has yet been struck.  So, please do not get too bearish until we see a 5-wave decline, which would be an initial signal that a top has indeed been struck.

In the meantime, I will add a bonus chart which I did post in the chat today.  As we know, NVDA has pushed higher over the last few weeks, and it seems to be in furtherance of what I am viewing as a 5th wave rally.  Furthermore, I do not see this as topped yet either, as we will likely still need a [iv[[v] before this tops out as well.  And, since many view it as a "market leader," you can read into that what you wish. 

As for me, I am much more focused on the metals market for obvious reasons.  :)