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TLG Chart, page-3860

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    Looks like you focussing on the daily chart. Since the Feb/Mar DCB you could have seen the same signals in May and June both small DCB's.

    Maybe you right this time, but I will wait to see if something shows up on the weekly charts. The first very slight hint will be the weekly hi-lo candle even touching the 10WMA currently the high of the hi-lo candle is 48.5 and the 10WMA is 52. Both the May and June weekly hi-lo candles cut into the 10WMA but it was sort lived. Needs to be entirely above the 10WMA for me to begin to take notice

    The weekly MACD turning positive may be the first slight bullish signal, its currently at -0.103.

    I gave up attempting to pick the bottoms of trends using the daily chart well before the 1987 crash. Eventually one of them does work as there is always a bottom of a trend, but after so many false starts, which can prove very costly.

    Good luck you could be right. However the SP again hitting 38 or below signals that it was just another DCB.

    cheers Lies


 
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