This is my very bullish option, we have finished up a full fives waves, and are in the process of wave 2 down. I do not expect the retracement to be much more then 25-38%, with the strength of the rally. Also the possibility exists that we are in a 4th wave with a 5th still to come. After this is where the waters muddy, possible that we will be starting 3 of 3 up, or working on some odd kind of ending pattern. The bulls have the run, but volume has yet to pick-up. We are fast approaching the upper resistance/trend line, and this is where the bulls are going to need to show their stuff to break-thru!!