Last weeks regression should have questioned the continuance of wave three, however the strong upward movements and the completion of the ABC regression seems to have instead signaled the end of wave V's and should allow us to continue upwards. Additionally, the the bolliginer bands and the index also look . When a day closes entirely outside of the bolligner bands this can be a signal and when the MACD's fast moving line aggressively crosses the slow moving line this can also create a signal.
I did initially have one concern regarding , though after comparing it to the last few months up volume's I am not worried because yesterdays was very comparable to many other trend sustaining up days. Finally it was just disclosed that Goldman and Morgan Stanley significantly ( http://seekingalpha.com/article/1023231-... ).
If you disagree or see something I missed please let me know