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[tradesurfer]

This decline by all appearances is just starting. We have not even broken the neckline of the huge head and shoulders patterns on several major indices. The H&S topping pattern in form and duration is eerily similar to the one that existed in 2011. August 8 was the first price low and then there was huge volatility into October 1 2011. The weird thing is an argument can be made we are due for a near repeat of that price progression. The fed is supposed to raise in mid September . October 1 2015 is the Armstrong cycle date. So maybe the market wants to bottom into his cycle date. Check out the 2011 trading pattern into October low the similarity potential is interesting but in the current time frame we have the added magnet of the October 1 Marty cycle date .