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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Vitas who wrote (94146)	2/4/2014 8:08:04 PM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

Several things.... the breakdown in RSI trendlines which for some reason isn't apparent in your charts - maybe that is because you are using arithmetic plots and I am using semi-log plots. Also, the center plot in the following 3 shows the EMI in a broadening formation (blue lines I put on the chart) which is very bearish. IMHO we will make it back up to 16,000 or so before the BK starts.... won't hit like a tidal wave but will pick up speed when we get below 15,000 or so. Timing? Probably start in April of this year if not before then. Broadening formations are usually a sign of increasing public emotions in trading stocks etc. BWDIK?