The market seems to move quite often in 9 - 12 week segments.  4 weeks really being the minimum and 16 weeks being about the maximum before there is some sort of counter trend.

Comparing the quickness of the weekly trend and counter trend helps me a lot in determining the strength of the move. 

So now that we have some pretty clear follow through, I would expect a counter trend up for about 8-10 weeks in response to the 10 weeks down.

So with three waves down over 10 weeks since 3/27 and QCOR, WWWW, PCYC, DG, BGS, DIS and others hanging on to their gains, Thursday morning's low volume selling seemed very bullish to me and gave me the conviction to go long.

We have already completed four weeks up in response to the 10 weeks down.