It has been a while since we visited the longer term structure, and per the suggestion from Mr. West on yesterday's Market Structure Projections update it seemed as good a time as any to revisit it. We're viewing the current decline that started in May as an ongoing correction as grey 4 being the primary and white 4 as being the larger alternate. The market has been choppy and virtually range bound for most all of 2015 so that is why there has been more of a focus on the short term because the longer term outlooks have not had any material change in them for quite some time. A little later this morning we'll post the IT and ST
counts and also today's key timing and Market Structure Projections.
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