Freep, I'd give more weight to the projected "Change of Direction Point". I use two different methods to determine these two signals, (OEX to 557 and the CDP).
Frequently, when a market runs up into a "Change of Direction Point" top, it does so, in a forcefull manner, then when the momentum runs out, the market drops like a stone, (from a high level into water.) That was what I was expecting, this time but it doesn't allways happen, that way.
We Will Know In The Fullness Of Time
Jim
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