Saturday, July 31, 2010

Exhaustion Watch

If our Timing Ideas got it correct and the intermediate Top was on Jul 26 then we should see the change of character soon in the Indicators. Our Exhaustion Watch (that looks only at 'exhausted' ETF's) seems to reflect the change in character where the medium & longterm (weekly & monthly Pivots) are still bearish against shortterm (still) bullish Trendindicators. The transition seems to gain hold with the first set of turning signals, Divergence Signals, FibTime clusters.

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