resumption of the bull market?

I'm seeing a myriad of bullish technical signals just about everywhere I look: p/c ratios, vix, advisor sentiment, strong commercial buying, recent oversold levels that have indicated intermediate term bottoms, 3-year uptrend lines that have recently been touched, possibly a completion of the base building process in the SPX/DOW similar to Apr 2005, a potential washout gap down selloff in the SOX index, and five waves up in the NAZ/SPX/DOW from recent lows.

Unfortunately I can't list all the charts here. Go to:

http://spaces.msn.com/members/caldaroEW/

You be the judge!
FWIW: it's looks like pretty impressive evidence for the bull market to resume...

 

This morning looks like a third wave thrust...
See chart:

 

yep.

 

just labeled that chart

 

I don't see any change in trend but stocks are oversold. The Dow should be back somewhere between 10700 and 10800 soon.

 

Trend reversal? not yet...

I will get a confirmed trend reversal when the DOW closes above 10,536; SPX above 1227.

 

Since we seldom talk about stocks without talking about oil, I would say that oil doesn't look like any threat and will continue its peaceful and tranquil journey in the $60-$61 range for a few more weeks.

 

I'd have to agree
Have not looked at it today, but as of last week:

 

Its below $60 now and it isnt that tranquil. I will bet you it goes lower. would u like to wager?

 

Not after you look at my chart