New!!

SUMMARY:

There is a Sell Signal on the 72 month indicator.   This suggests that when this market finally peaks, it will enter a long term Bear Market.    The onset of the monthly signal can be delayed for several months, and that appears to be what is happening now.

The 144 day indicator caught the last peak.   Perhaps it will do it this next time too.

The angles in place look like a .786 retrace at $SPX 1385 in January/2007 could be the final destination.

 

Last Updated: September 16, 2006