Users: Leo of Pisa: 2015-09-28-PROPHET.png

2015-09-28-PROPHET.png

Comments

Leo of PisaLeo of Pisa
This Fall looks very similar to the Fall of 2011. Relevant Analog? 9/28/15
Spock358Spock358
i do not think so. look at the MACD then and now. 2011 was divergence...a willingness to buy the dip. Current MACD is not diverting...its getting worse, which confirms the bears are in control more this time around. 9/28/15
DinkDink
The bottom just happened today at ES 1861. We should now head up to ES 2010. 9/29/15
Leo of PisaLeo of Pisa
Update on this analog. August, 2001: From the time the weekly candle pierced down below the 30 period moving average, it was 2 months until bottom and then a steady march up. If the time same is applied to August 2015, I'm looking for a bottom around mid-October. Just a guess based on time and similar pattern. 10/1/15
Leo of PisaLeo of Pisa
Oops, meant August 2011, not 2001. 10/1/15
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