Bottom here?, page-18

Although the short entry signal on the hourly Ichimuko chart was not valid due to how quickly the downward move happened, the price action today has broken back above the Kijun-sen line (in the second hour of trade). This is the signal to close-out a short position on this chart, but having said this, it is not a signal to open a long position on the same chart. The price action needs to move up to be above the cloud before a valid set up for a long entry can start to form again on the hourly chart.

This chart is however indicating that the pain is over, at least for a little while IMO. There is also a long way to go before a long entry can be formed on the weekly IC chart now. As I've mentioned IC is not a reliable method to use on the RSG chart as the sell-offs have been too sharp. Just a peculiar characteristic of the way this stock trades. Esh

P.S. I haven't been guided by the chart with my approach to buying this fall. When I see value I snap it up.