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frenchee

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frenchee

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Monday, 09/29/2014 10:30:38 AM

Monday, September 29, 2014 10:30:38 AM

Post# of 8302
Today, Marty posted the NYA Index going back to 2003 on a chart with monthly ticks. What is clear, is the Bull-Bear cycles since that time when using an 11 Month RSI.

On this chart, you can see when the Bull Market died in 2007 and how the NYA is now perilously close to the same fate now. To avoid the problem, the Fed will need to continue with its QE program and not end it.

Please click on the link below for today's complete commentary and chart:

http://www.stocktiming.com/Monday-DailyMarketUpdate.htm

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