Yeah, although I now have a sell, we also have ALMOST the same formation as we did at 1924, ie, then we were within 1/2 point of going to a sell but we were way oversold, this time I have a sell, but we are very very close to being oversold again.
Also, I have explained from time to time, we continue to follow the same path as 1982, on my indicator. The pattern is nearly identical. Part of the reason I am ignoring the sell is that in the last two months of the 1982 rally, the indicator grinded lower while the market grinded higher.
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