Loading ...I could be very wrong on this call…it looks like it could go either way right now. The bottom on 9/24 did not satisfy any normal standard for an INT cycle bottom. So, I continue to wait for the other shoe to drop. If, it doesn’t then we are in for one heck of an INT up cycle. Michael Oliver suggests that the old tech signals need to be re adjusted such that the bottom signals since 2011 and 2015 are set being much to conservative. Maybe but, I expect that this bottom is still dead ahead. We know that anyone buying in here, even at the August top, will still come out just fine. This is timing play money for me and if I have to eat crow and chase the bull up then so be it. Still more down to come…imho.
EDIT, To be clear I don’t think that 1850 will do it….but, 1825 just might. About play money, I was being flippant. Sock drawer has stash plus always some buy/hold miners. Still those selling at tops and buying at INT bottoms will well outperform the buy and do nothing crowd. One should call it as they see it straight and truthful…Damn the torpedos for failure in life is the only real path to success.