Hi Orwell,
Just looking at the timing of the current index move.
It should be easy enough to check in market analyst. Counts on the daily chart.
Looking at the SPI chart, the basing pattern in 2011/2012.
From the low in Aug 2011 to the high in May 2012 before the final push down is 187td
Looking at the current consolidation.
From the low in Aug 2015 to the Jan 2016 high before the push down is 93td
Bang on the midpoint. Would have made for a nice entry on the swing.
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Hi Orwell, Just looking at the timing of the current index move....
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