We've had one unbelievable rally since March, I've not had a decent sell signal in nearly all that time. The few that did appear were either nullified at the close or yielded losses.
But still, a close today below 1014.10 will give me a confirmed sell signal. My model also tells me that IF we do sell down to 944.50, then we should see a possible low at that price, give or take a few ticks. That should occur no later than Tuesday, October 6th.
2 comments:
CARL, DO YOU THINK THIS IS THE BEGINNING OF THE BIG DOWN MOVE?
Hi Carl,
We've had one unbelievable rally since March, I've not had a decent sell signal in nearly all that time. The few that did appear were either nullified at the close or yielded losses.
But still, a close today below 1014.10 will give me a confirmed sell signal. My model also tells me that IF we do sell down to 944.50, then we should see a possible low at that price, give or take a few ticks. That should occur no later than Tuesday, October 6th.
Thanks.
Kindest regards,
PM
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