Strike Analytics

NYSE Composite

12 Sep 201606:26 AM

Covering it after a long pause. But it remains important for its different wave count with an ending pattern at the top of 2015 and the fact that the NYSE Composite along with the Dow transports and the Russel 2000, have not gone back above their respective 2015 highs along with the Dow, S&P and Nasdaq. So it remains a massive inter market divergence. The rising trendline is at 10460 below which the trend would have reversed into a third wave of a bear market. Weekly momentum has already given up as an advance warning. 

nyse120916

Comments (0)