i want to clarify my market outlook for longer term. i believe the market is in a supercycle wave (III). this wave is a "trending" wave and should channel well all the way to the top of wave (III). once the market reach 4812 and complete the expanding diagonal (wave I) we should get a 50% correction which is classic wave two behavior then resume uptrending. using arithmetic scale chart a target of 20K is reasonable for supercycle wave (III)