Swing Trading Strategies & Stock Picks Since 2003

Here is today's wave chart for the e-minis. The market has put in a longer up wave after a shorter down wave. This tells me that the bulls are beginning to take control of the market. Volume has been increasing a little as the market has rallied, but still is not very impressive. We should soon see a strong move above the higher dotted line on good volume if my analysis is correct. In the meantime midpoint support at the lower dotted line should hold.