[INTC] update

As you can see from the backlink, while wave 2 up has stretched out, the count is not modified.  Here is the old count. 



As you can see from the current snapshot, that a-b-c into blue 2 above morphed into green a of 2 in the current model.

For quite some time now, the news has had smatterings of this pundit or that calling a top on the markets.  Each time, the market bought the dip.  Now it is getting to the point where market topping calls like today's call from Wedbush are being used as buy signals.  At some point this will lead to market exhaustion and the trap door will open.  The Intel chart suggests that Q2 tech earnings will be a disaster.