Shown are support and resistance levels to end 2015.
Prices have moved up past the levels shown on the QMLU in the April Q update.
The current Q MF channel is shown and prices are projected to rise to test 2200 in the middle of 2015 before making M3
For the pessimists I have shown where this correction will end if I have misinterpreted the projection!
Here you can better see the wave formation.