The prior March 8 post highlighted was likewise a very timely post (and buy signal). Trader Talk Post with Chart. Similarly it caught the low and a good buy point.
Now we are ready for a short term low, as the daily charts in the 20 year index a TD Combo 13 could print tomorrow, and it's linked short and long 3x ETF's TMF an TMV and the 1X TLT printed TDSEQ buy and/or sell countdowns TODAY.
However, expect only a brief bounce as the weekly charts point to a continued decline for at least another 2-3 weeks, which, BTW, coincides with the inflection point projected for stocks in late June as posted Sunday.
Note that the TDSEQ in the underlying index is only on day 6 so a week or so up and then another 6 or so days down would bring the full countdown signal to fruition at the time when the weekly signals are likely, creating better alignment. Also, the longer term signals are bearish.
Here is the $AXTWEN daily chart showing that today was the 12th day of the TD Combo (blue 12). A lower low tomorrow and a close lower than Friday's would complete the signal.
Edited by Geomean, 10 June 2013 - 08:40 PM.
