XMD 1.17% 10,423 s&p/asx midcap 50

Hi @Orwell and @doubleup ... Re: DJIA "Bear_Butterfly"...

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    Hi @Orwell and @doubleup ... Re: DJIA "Bear_Butterfly" pattern... I'm assuming you have noticed that Orwell's alternative target(1st mentioned back in mid July I think) has come to pass ... perfectly in both T & P(yes, I know you had amended your Timing a couple of times, Orwell, but I also had the mid_to late August Timing and Price on a "watch" basis the Time from X to C and then C to D 'marrying' with the 87.5% retrace of the XA to B leg. Just a few pips in the Price and exactly the week in Time. I also am seeing that on both the SPX and DJIA weekly charts we probably have witness the completion of a "False_breakout" of a 2 year consolidation pattern ... another 80% reliability rule trade potential that I have faith in(if we go > than 5% below the previous high of the range ... ala my Peter Steidlmayer days of trading).

    Thank guys(gals) ...

    DJIA_Butterfly_090916_Wkly.png
 
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