They just think because it has headed so far down that there must be a R/S coming soon. Every week it is coming soon. It seems like forever the r/s is coming. Charts don't ever guarantee a r/s.
They are just trying to irritate everyone. And doing well at that. OH well...
He has NO IDEA from any chart!! He is guessing based on the fact that we have been in a consistent down trend for several months. The R/S posting is HIS opinion only. It's not based ON ANY CHART.