Bank of America ADR Index

Some time back I anticipated that the world index started wave 2 up. then it sold off in the last week. Today it surpassed the previous weeks high, so its now in wave c of 2 and might go to the 50-61.8% retracement mark over the next week. Once wave 2 up is complete only then are we back on course for wave 3 down. So at least another week of up trend from global markets is expected.