ajtj, yes, if we have an October low, and late last year, I had two major bottoms, in August and October, but because we had the first major bottom in early April, I think that the final bottom is August, not October. I have some weakness early in October, but not worse than about 1950 (from a high in September of around 2180?), by no means a retest of the 1600, nor a breach. If we breach the bottom of my "forecast" low in August (I have a range of 1620 plus minus 40), then we could go just an iota under 1400, but that will probably be earlier than October, IMTO.
Zeev |
