This is one of the most interesting forecasts I have seen. August 23, 2016 top and then 17 month bear market into January 2018.
http://www.highfivet...etter082016.pdf
Report Credit:
Kevin W. Murphy
kwmurphy AT bellsouth.net
The forecast is very precise and also has a precise end date to the bear market. This may go down as one of the greatest forecasts ever made.
Now if we look at the quarterly price chart which most technicians usually ignore, we see that there are only 10 trading days left in the current quarterly candlestick. So we have a hammer reversal candle right near a bunch of previous highs. That gives high odds we get extensive sell pressure starting in October I would think:
Edited by tradesurfer, 17 September 2016 - 11:30 AM.