Hi guysVery interested of late with some posters here on H.C -...

Hi guys
Very interested of late with some posters here on H.C - the likes of Voltaire et.al and time based trading techniques. He / they named Oct 10th as an important date for a possible reversal ages ago.
Then last night how was the volatility...
Boy have i got some work to do.
The DJIA chart looks like a bounce at least is due on monday.
The last candle formed is a spinning top, albeit a black one (not as good as a white one). But indicative of indecision nonetheless and can be a reversal candle.
The price has fallen outside of the bollinger bands and the stochastic looks like it is rolling up.
the rsi is in oversold territory.
For those interested the fib range was set at 7181 - the 2003 low and the 2007 high. The 61.8 retracement was completely smoked, and a full 100% retrace cannot be ruled out in the future.
I am hoping to see at least a fightback over the next week or so.
Not brave enough to look too much past that just yet or call a bottom.
Chart looks like this.
Cheers to all.
Commy