so this thing is done with a severe divergence, it did not cross into sell yet of 15 day below 34.
The last time it did this was a secondary lower high as the 15 breaks
through then snaps
back up to the 34 rolling over.
The bouncy cycles that were present are sub harmonics
of fairly hard down cycles.
When these sub-harmonics are analyzed as they stand alone,
they do not exist, it's just a mathematical bear mkt bounce
but it was several of these phantoms near the same time.
I can't say it doesn't roll and probe higher until the 28/31st,
some highs have completed by moving left and it gets more immediate.
A couple highs are in this week.
Edited by AChartist, 23 October 2011 - 07:57 AM.
