I have given a bullish scenerio above.
Although corrections at time always seem to go on longer than expected, I do believe the lower tick this time was the corrective of the 1st wave up of the LAST 5th wave. We should have markets higher in the coming days.
However have given a lower stop for this upbeat scenerio at 13500. Below these levels all bullish scenerios will be over . However I expect the markets to go higher in this last bullish 5th wave.