(click to enlarge)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhEqU6X7QR3H73GUSYx8vREufq3kjiYOg_D570Z_HOaNRcV4yJnAC-6j81J0vbqRceS-s8r2G6D-dk119M5hBmAPbhyN6NrNwkDSZ9VMJt_nkG_cL6imAopz4Gek3THId2qRGV-CSkaXq2C/s400/2009-9-3+png.png)
16 for 16 bouncing at some point in the next week suggests a pretty good chance we see a bounce here soon.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhEqU6X7QR3H73GUSYx8vREufq3kjiYOg_D570Z_HOaNRcV4yJnAC-6j81J0vbqRceS-s8r2G6D-dk119M5hBmAPbhyN6NrNwkDSZ9VMJt_nkG_cL6imAopz4Gek3THId2qRGV-CSkaXq2C/s400/2009-9-3+png.png)
16 for 16 bouncing at some point in the next week suggests a pretty good chance we see a bounce here soon.
Assessing Market Action With Indicators And History
1 comment:
Your point about beginning of months being strong is true but you should run that data again for September and over a longer timeframe. I think you will find the opposite true. Particularly if you look at the first couple weeks of September you will find it seasonally a downturn that does not correlate positively withother months.
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