I count the rally that have been unfolding off 2009 low as an impulsive five wave up structure. It has been following a textbook structure very well. The rally that topped in January 2018 looks like a classic wave ( A ) of ( 5 ). The following corrective looking decline looks like a classic wave ( B ) of ( 5 ). As long as it stays over the low of the wave ( 4 ) down at 24.85 we should expect a multi month rally in wave ( C ) of ( 5 ) to the red target area $67-$72.