Wednesday, September 15, 2010

9/15 1:10

In an earlier post I mentioned that I had time on my side.  I1 is in the process of delivering lower values every day until the 30th.  This provides comfort to the weary and libation to the parched.  Almost without regard to the fiat money managers our near-term future is secured.

Also, I was going to post the Daily Technical Composite tonight but the -8 value is a minor sell signal.  This adds to the sense that I have time by the tail.  All I need do is wait out the bulls.
Finally, I have a SPX trendline dating back almost 3 months.
I'm moving the DJ futures stop to 10,514.


  1. That 3-month SPX chart shows a textbook Gartley.

  2. Chart: CL
    Gartley Bear in action.