ORIGINAL POSTPrimary count is that the market has nearly finished all subwaves of an Intermediate-sized 5 wave move from the July 2010 lows.
If tomorrow is a gap up to new high, it is one high I would expect to short with extreme prejudice. The wave patterns are fairly straightforward. Will it work? Nothing is guaranteed in the wave business but even so, your probabilities are pretty decent here.
Here are the 5 waves from the July low:
And yet an even closer look at Minute [v] of Minor 5: