Saturday, December 18, 2010

CT 2-Associated RUT Top Most Likely In



Please refer to prior post: During the past 12 years there have been 15 Complex Nasi Tops. Two of them shared common characteristics with the current top. The RUT Aroon Top Line stayed green throughout. The NASI CT 1 price was higher than the NASI CT 2 price, whereas the RUT CT 1 price was lower than the RUT CT 2 price. The $BPCOMPQ crossed though the NASI CTDL (please refer to: http://instigator928.blogspot.com/2010/12/bpcompqnasi-divergence-to-detect.html). The number of CTDL NASI Renko boxes was greater than the number of CTUL NASI Renko boxes. The number of CTDL RUT Renko boxes was less than the number of CTUL RUT Renko boxes. All three Complex Tops had a CT 2-Assoc DAILY RUT Chart MTI SELL, but the CT 2-Assoc WEEKLY RUT Chart MTI Remained a buy (hold). CTUL and DL RUT price changes were all over 9.8%. RUT Prices tend to peak before the NASI goes red The latter occurrence confirms the CT 2. A review of these three NASI CTs suggest that the RUT peak is in. CT 2 confirmation seems very close at hand.

2 comments:

  1. I run an RUT/SPX comparison chart, and it appears to show a top in RUT.

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  2. Good...Since it's coming from you, I like the sound of it. Taking a little trip for Xmas week. Maybe we'll get some fireworks for the New Year!

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