OK, so you get a Buy Signal on monday – you sell.
You get a sell signal on tuesday – you buy.
You get a buy signal on wednesday – you sell.
Notice the magnitude is getting larger – remember the megaphone comments on Sept 23 at 1983.
Notice that the one day rallies are sold into
This must be a bear market cause everyone is getting taken out and beaten up.
This might be expected if we were below the 200 day ma (1904) but we aren't yet.
This leads me to suspect that this may be the tip of a much greater decline, perhaps a manic selloff into late October to re-charge the Bull, perhaps something worse. We have been warned.