Just getting started with Elliot Wave Analysis. I pinpointed the start of a market cycle with INS. It looks like it just finished Wave 2 with a simple ABC correction and Wave 3 is about to start. The trend was supported by the 0.618 fibonacci level which indicates that this can be a weak uptrend. Nonetheless it is still a bullish uptrend, The coming few days will indicate whether or not this is a valid wave sequence.