Last week I talked about the alt wave structure if we failed at 4521 . I stated that if we fail to break above this we would then see a abc or 5 wave drop to 4331/4303 the ideal target 4303 in a perfect world and that the VIX would see 18.8/19.8 worst case if the bull was still within the final advance . I also want traders to review the tlt post THE MAJOR LOW DUE and the DXY . I look for the sp to march to 4666/4731 from here I am now 100 % long and margin of 5 % and fully long calls today I also took a full 100 % long in IWM target has been met . best of trades WAVETIMER