Background Stories, page-425

A charting update. Anf of course all IMHO and DYOR.
1. Double bottom confirmed




2. Closes week >21c confirming change in medium term (weekly) trend.




3. And finishes the week with a much healthier looking market than has been for a very long time. Still very light and unpredictable - but indicators are pointing up finally. Note the number of "false" recoveries KSS has had since the high. I think if we can peg >3 weeks in a row with higher highs and reverse the long term (monthly) trend, then things will really start to move. Currently >28 by end of January is the aim.