Friday’s trade was in line with analysis presented last week.  Several of the heavier weighted tech stocks pushed higher against the “odds” due to Friday’s expiration cycle.  The NQ did break and close above 15800 which was a major milestone as a marker for the bull market.  I have updated the labeling – first by removing the “B” wave completion point – second by revising the count to show a developing 5th wave up.  Thus far it appears that within wave 5 waves 1 and 2 are complete with the NQ extending higher within the 3rd wave.  The Globex opening on Sunday may have completed this internal 3rd with a small 4th correction in play now.  The pattern continues to suggest an additional rally up into resistance at 15893 to 15984  should be reached with an additional small pull back taking place before a final push up towards 16020 to 16040 and then to 16130 to 16260 takes place to complete the sequence, which remains an Intermediate degree “irregular” B wave.  Ultimately I am still expecting a strong “C” wave decline to begin and take the markets lower.