CHARTS_CCI_SYSTEM

[rimshot]

the chart collection I posted here in 2011 continues to "live-update", and is worth a close examination every day, now that we see the setups developing ... some chart elements have to prove their real intentions at this point 0::

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62535707

* Important - upon every Friday close, pay close attention to whether the RSI-14 lower tops formation over the recent years on the weekly continues to print

(consider the outcome which followed the 2006 to 2007 lower tops formation by the $NYA RSI-14 !!! ) Though the spacing then was much closer than now between what may currently turn out to be lower tops again for the weekly RSI-14

interesting FYI - in chart #2 which shows the CRB index, the bounce off the multi-year low which then peaked at 2011 before reversing back down represented very close 61.8% retracement of the entire prior declining amount from the all-time CRB high to the low being printed. I suggest the correlation between the direction of $NYA price action and the direction of the CRB index merits watching the relationship as it progresses into June 2017, and then December end 2017.

cheers, and this is my last post here for a few weeks, though I may have time to update the 5 boards I moderate at IHub.

take care all, and thank you Glen for hosting this forum. My best wishes to you and yours.

by midnight daily, my comments and chart revisions will be reflected in the 22 charts which "live-update" at stockcharts.com Public List.

https://stockcharts.com/public/1442871