Recently I mentioned this web site:
http://www.amateur-investors.com/Market_Timing_Indicator.htm

Let's see how our Best Charts version of this Market Timing idea looks today:

The index is the ^IXIC

Note in today's chart how it is bouncing off the lower Bollinger Band.

 

The SO 14,3,3 is turning up

The CCi is turning up:
 
 
That is 3 for 3. Are we about to get a reversal and upward trend?
 
Stay tuned.


Rik Rasmussen
Best Charts Yahoo Group Moderator
http://groups.yahoo.com/group/bestcharts/


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