3/17 1:00

Here is the Nasdaq Composite logarithmic trendline intersection 2390 drawn as accurately as possible:

The XMI has completed it's 5-wave. 
I am still standing behind the general's horse.  The smell of manure does not bother me.  Blue-chips are on the defensive and require DJI below 10,719 to begin their attack.  The lines have not changed DJI 10,747 and XMI 1191 are resistance.  Stops should be placed a little beyond these levels. 
XMI January high was 1187.93.  Today's high was 1188.24.  Not bad, huh?
Still at 17.5% exposure, 15% of which came in since the close yesterday.