Hi Mark & John,
Well fellows, am not thinking this decline is over at all. However we might be talking time cycle. IT & LT we are without a doubt currently in a down trend mode. Posted this "wide range guess" the other day and as of tonight do not see anything to change the FF.
1409, 1391, 1376, 1340, -[1330.61]- 1325, 1285, 1277, 1246, 1216, 1180
Notice the range, top was 1409 and the bottom was 1180. I see nothing as of this weekend that changes that range, in fact, a bounce is just around the corner and another fall behind it.
The market is on a very thin base, real or imagined.
Well we got the bounce yesterday and a small decline today. As you said, Mark, Thursday - Friday will set the stage for several weeks to months.
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!