CHARTS_CCI_SYSTEM

[rimshot]

post #15004 follow-up with a more thorough explanation -

NYSI below the the -250 level is the consistent timing window for index buying opportunities since 2009 ... the chart facts since 2009 reveal that the combination of adequate time below the NYSI zero line and one or two monthly closes below the NYSI -250 level have actually represented "bear traps" and have represented the timing window for profitably anticipating the upside reversals by index price action and by the NYSI -

* will this time in August/September 2015 be different, or will the pattern history for timing the NYSI upside reversals since 2009 be repeated?

chart #1 - monthly chart since 2009, showing the NYSI as the lowest chart element -

NYA monthly price bars since 2009 with the NYA and SPX price action and the NYSI:



chart #2 - the daily RSP to SPY ratio:

*showing the steady improvement since mid-July and during August 2015 by this ratio,
which now briefly resides back above its October, 2014 low
(a potential bullish trend is now in place, and vigilance is required that this trend continues)

RSP to SPY daily ratio - remember that the negative divergence by this ratio's lower highs pattern vs. the SPY price action higher highs pattern foretold the May 2015 SPY rally failure