Reliving 8/11/09

The top chart is the daily TNA chart from mid-August 2009. TNA Run 9 is analagous to the recently completed TNA Run 23. The yellow dotted line in the price window was a greater than 5% down day (8/11/09) within a 3 wave consolidative period that resulted in alternating red-white-red single three line break bricks. We did get a single red 3LB brick today on the daily TNA chart. The latter was associated with a turndown in the TSI and AO (it went red). This also occurred on 8/11/09. The backdrop for both of these consolidative periods was a RSQR Saucer-associated TNA weekly Chart (2nd chart...also see last post). Not pictured is alternating Red-Green MA Buy-Sell Signals arrows on the daily $VIX chart for both dates. So both dates were characterized by $VIX consolidation in conjunction with the following on the daily TNA chart: consolidation, a red 3LB brick and a TSI/AO turndown. The backdrop for both dates was a RSQR Saucer-associated Buy on the TNA Weekly Chart. Will TNA Run 10 mean that we get TNA Run 24?