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| Courtesy of eSignal |
1-The August 2015 price bar broke below the bottom Andrews pitchfork trendline
2-In the middle window the blue MA crossed down below the red MA as it did back in 2000 & 2008
3-In the bottom window the oscillator is in the bottom half, below zero. As long as it stays in the lower half of this chart the market will continue to be weak.
4-Historical data shows September is the weakest month of the year
5-The 7th year of the Presidential cycle suggested a weak market in this time frame. See chart posted on Aug12th.
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This has been posted for Educational Purposes Only. Do your own work and consult with Professionals before making any investment decisions.
Past performance is not indicative of future results
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