Robert,
I have to explain my 3 day cycle, since I never really gave a complete explanation.
This 3 day cycle based from my CLASS SELL signal, starts on the first
down day after my signal rings. It works best when the 1st down day is down significantly.
In the recent past, the reaction to my signals have be basicly early. If the reversal starts on the day of the actual signal, it is early. If the reversal starts the day after the signal rings, it is timely, and if the reversal starts 2 days after the signal rings then its late. For this specific cycle, it is late.
If today is flat (+/- 50 points) that may throw off my cycle some, not to say that the market cant go down, but that it is negating the pattern, and may be following another pattern.
Also keep in mind, that the last time my CLASS SELL signal rang we never got a 3 down day pattern.
The pattern is:
DAY 1 - down significantly
DAY 2 - flat, slightly up or slightly down
DAY 3 - down significantly
Lets say today closes flat, but MON is significantly down, then DAY 1 is MON. Lets say that today closes flat, and Mon closes flat, and TUE
is down significantly, then today is DAY 1.
Hope I explained it better.
seeya |
