Friday, February 20, 2015

DN CIT

update close 23rd
So far not ready to fall. We are over bought.There is a 96% correlation to the 1956 stock market that was a very choppy year. We need a gap down at the close to change the air or pattern.

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Going to add a few charts I think worked.
Looking for Spx 2010 by next Friday the 27th based on this CIT on today's close. (19th) Hopefully it will be  WAVE A of an ABC  as pictured below.

click charts to enlarge   Jerry O





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