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UFO R-SQUARED


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#1 mike123

mike123

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Posted 10 November 2009 - 07:50 PM

UFO, I noticed that after Oct 2007, R-square peaks far above 0.75 alway align with short term bottoms until March, 2009. After March 2009, R-square peaks far above 0.75 always align with short term tops until now. The last low generated a R-square peak above 0.75. Does it mean that a change in trend is in progress? Bottoms seem to get stronger. It would be interesting to see if next top will generate an R-square peak below 0.75? That should mark the top of the bull?