For a while longer I'm still bearish, but..

Although the markets are following my exponential trendlines very well, it is doing so opportunistically, in order to form the bullish wedge I see forming on many indexes. Also volume is declining along this path also, and yet I see no one mentioning this. That indicates to me a high probability of an extension of the rally (out of the March 2009 lows) happening, precisely because no one else is seeing this or talking about this. Everyone is chattering about head and shoulder patterns...




There are potential .500 node turn dates in both early September and early October, consistent with traditional Autumn low points. This is where these wedges may finish their work...