http://www.gold-eagle.com/editorials_08/banister100311.html
"Sentiment in recent individual investor surveys had only 25% of those polled bullish. Historically that average is 39% or higher.
The volatility index has been pegging the 43-45 window recently and historically markets have major reversals anywhere from 45-50, with rare cases of that index going over 50 without a major reversal
The German DAX index is carving out what looks like a bottom channel, and if it can hold the 5300 plus ranges, it could be a leading indicator of a US stock market run
Seasonally, markets tend to bottom in the September-October window with favorable patterns from November into March/April.
Historically, markets tend to correct hard with a "New Moon in Libra" which occurred last Tuesday, the same day the market peaked at 1196 and rolled over hard. They often bottom with the following Full moon, which is scheduled for October 11th.
Elliott Wave patterns I use indicate we are in the final 5th wave stage since the 1370 Bin Laden highs, with a gap in the SP 500 chart at 1088 from September 2010 still to fill. That gap happens to coincide as 78.6% Fibonacci retracement of the 2010 lows to the 2011 highs. It's also has a 50% Fibonacci correlation with the 1356 high to 1101 swing move this summer."
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发表于 2011-6-28 07:37
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