The home of the innovation of the Logarithm of Time as applied to the Markets. We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Wednesday, October 22, 2008
Complex .25 Node bottom still forming on $NDX...
Up to date....
It may start to move up on or around the 28th, as that was a 1.0 node on a smaller scale, or perhaps the 31st. as the end of months have a bullish bias...
Notice that the $NYSI breadth indicator is (so far) still respecting, but at the bottom of, it's old channel, The $NASI (breadth indicator for the $NDX) has shot down clean through it. Anyway you look at it, the markets are extremely oversold, and we are entering the most favorable time of the year....
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