Oex low for late july 2011
Monday, May 23, 2011
Update for August 3rd: This signal for a low in late July was based on looking at a weekly signal which can go over into the next week which has now happened, the US stock markets should start to move back up now. Signals are usually +/- a day or week depending on whether the signal looked at is daily or weekly, in this case I focused on the weekly.
Oex low for late july 2011
Oex low for late july 2011
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How does your oscillator relate to armstrong's?
ReplyDeleteAnd any update?
Hi Jeff,
ReplyDeleteThe oscillator has nothing to do with Armstrong's cycles or technical work.
Sometimes there are correlations though, for example; in early 2007 the US housing and financial indices peaked on Armstrong's pi cycle, at that time I posted a chart on Traders-talk.com that predicted the US housing index would form a big low in the spring of 2009, also in late 2002 the oscillator was showing a major low which coincided with the pi cycle low then. My update is on the post under this one on the US dollar index which is bullish now and should go up into next October. Cheers Russ
Is the OEX low still on target for late July?
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ReplyDeleteLooks like yes eh?
ReplyDeleteYes. I'm thinking there is more downside.
ReplyDeleteI guess we will know soon.
Thanks for update...got in earlier today.
ReplyDeleteAny insights on timing for high?
Hi Jeff, you seem to be my only fan these days...lol
ReplyDeleteI have not looked for a peak in the charts yet, I will post anything I find.