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.
CARL, DO YOU THINK THIS IS THE BEGINNING OF THE BIG DOWN MOVE?
ReplyDeleteHi Carl,
ReplyDeleteWe'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