Missing the Reversal

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As the third quarter of 2019 draws to a close, I must say I have one regret which towers over all others: not covering on August 15th. That day was “peak profit” for me, and if I had used SlopeCharts more effectively, I could have taken advantage of it.

Specifically, after much experimenting, I have count that two indicators seem to be calling bottoms fairly well: the 80-day CCI and the 80-day Williams %R. By way of example, I show my point below. I have captioned each graph with the name of the index in question.

S&P 500 Index
Russell 2000 Small Cap Index
Dow Jones Composite Index