We had 2 TCS (TimeCycles Spike) in the running for a potential turning points and given the action into this OPEX the probability is relatively high that the time window around FEB 20-22 could the next opportunity.Also of interest is the development of another TCS cluster around March, but let's stay focused on FEB 20-22 first.
Pls also bear in mind that any sort of intermediate turn will trigger a chain of sell signals due to the fact that the latest bounce DID NOT let our SUSI Indicator reach new highs, which will automatically lead to neg. Divergences and by definition to SELL SIGNALS.
The next days will be telling.
Look at this also from the other side that by steamrolling a high probability sell opportunity Mr. Market signals STRENGTH and this has to be respected in case we see strong upside action next week.
I have been a keen observer of your valuable analysis and indepth coverage for a while now. I have been wanting to share this comment with you for sometime.
ReplyDeleteThe quality of analysis and indicators you use are just "out of this world". I would be keen on meeting you in person. :-)
I would like to personally thank you for all the hard work you put in with all the valuable research you post here in your blog.
Just on a side note, i believe we are going to take out the recent lows made in the next 2 weeks.
Cheers
JB