Friday, October 11, 2013 12:10:48 PM
We are now witnessing what I was saying about needing big down days...What happened is we had several 8 to 10 point down days which allowed the indicators to get OS with very little down..Now we are going back up at twice the rate of decline and the indicators are barley off the bottom on some of the importand ones..Full SToch 13,8,3 and Slo Stoch..TRIN etc.So we are now able to go to new highs before we get OB again on the daily chart..I have no way of knowing if we will but we sure have room on the indicators.
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