well this pattern got SMOKED today … ctrl-alt-del on this one and look for the most logical stopping point.
not sure right now …
BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.
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2 thoughts on “NYSE Index – resumption of downtrend or pullback in/around here?”
If you run the same calculation on the dow daily chart, the swing (low to high) 29/09/15 to 03/11/15 (25 bars 2035) is very close (in price & time) to the swing (low to high) 11/02/16 to 22/03 (27 bars 2144). Evening star on both the Dow & Spx. Cheers
nice work .. when price = time you get some GREAT moves