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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (199839)	8/9/2024 2:30:42 PM
From: CrashDavis	Read Replies (1) \| Respond to of 207794

Bob, I have 5.3 on 9/29/22 on Larbro's version of 2CS. SPX made a marginal new closing low on 10/12/22 and then it was off to the races!

To: robert b furman who wrote (199839)	8/10/2024 7:22:56 AM
From: Larbro	Respond to of 207794

Hi Bob, going back in history the big low in the 2c-p was the covid low. It started declining on feb 24, 2020 and hit its low of 0.0 on March 17, 2020 and stayed below 5.0 all the way until April 29. I like to look at sub 5.0 readings of 2c-p as being watershed declines, not the garden variety types. But this recent swoop, now showing as a low of 6.4, should certainly get your attention. Seems like sentiment might be getting a little on edge. Im expecting to see a good rebound here. After that maybe some stair step downward pattern for a bit followed by more bull.