S WAVE CHARTS

[snootmagruder]

The Happy Family made gains on taking out the August high and is now down to WLSH (that's $EMW now on stockcharts) DJA, both just a tiny fraction from it, and RUT which hasn't taken out the Oct low yet. This setup is very typical for the family and if it plays out as typical we'll see a good drop before these take out the August high. I'm still hoping for RUT to take out the Oct low first.