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JJ8

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Alias Born 02/13/2012

JJ8

Re: None

Friday, 08/18/2017 4:50:19 PM

Friday, August 18, 2017 4:50:19 PM

Post# of 61601
Just updated my LMP Indicator (Larger Market Picture/Indicator).

I observe in the increasing number of negative Signals/Warnings in the last 7 sessions (in the stock markets) that, and imo, this does not auger well for the markets in general. The pattern just could be developing and if confirmed would be overall negative for most of the markets. We may learn more soon in the weeks ahead, unless this is another small drop and not a serious correction as we have been experiencing for several years already. After a relatively long period of bull markets- since the last major bottom in early March 2009- the markets have not been in recession (a correction of 20% and/or more).

I feel ICLD may not be affected by this (now) growing likelihood of a downturn in the larger markets. I think ICLD stock price is mainly dependent on company related developments and progress or the lack thereof. We shall see. GLTA