Please let me clarify my statment if it I did not communicated correctly.
"I have to agree the markets may be ready for a turn, however, I feel it will be a slow turn at first... Like sticking your toe in the water before you jump in... I see the Nasdaq trending to the upper channel and then having a good sized outside gap over the resistance. This should set volume into motion. When this will happen... will just have to keep an eye on the charts.
If the nasdaq was to turn today, I would not feel comfortable a reveral had happened util a close above 1889.00"
Please let me apologize if my use of "may be", "if", "when" and "will just have to keep an eye on the charts." alluded in some manner that I was making an assumption we were at the bottom of the markets and they were turning.
As a reasonable individual, you surely must agree, I have maintained continuity of my use of charts to calculate an educated probability of future events. To support my statement I have provided an updated NASDAQ chart for your review. Historically, the markets often get a small pop in the market in July or first part of August to September with a pullback in October and a run into year end.
Market Data 
Markets 
AI
