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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: humble1 who wrote (21441)1/7/2016 8:14:50 PM
From: robert b furman  Read Replies (1) | Respond to of 41016
 
Hi H1,

Spose you are tired from reeling in those reds all day.LOL

Today as suspected 2cs took a bigger boost than I has expected now at 121, which is above the range that dos indicated could be a point of reversal in a corrective wave of a bull market.

If you track back for an example of what kind of a reversal a 121 2 cs reading will give you a similar reading occurred in the month of march 2007.

It marked the final dip before the orthodox top of an impulsive wave that topped out 7 months later. The following corrective wave took 17 months to bottom out.5 years later that high level was regained.

Dos also wrote that a score of 117 was the low of October 2014.

screencast.com

H1 don't you have some august top dates?

Bob