Its an exciting time to be an Elliott Wave technician. Since 2009 I have argued the market is in an expanded flat correction consisting of 3 waves that allows a rise above the previous 2007 all-time high. The evidence still exists for certain world markets including the Global Dow and many other countries as a whole which have not taken out its 2007 highs. This is quite a negative divergence considering the modern nature of a globalist economy. Its a sign of a multi-decade topping process as Robert Prechter of Elliott Wave International has insisted on for years.