SPX weekly buyers exhaustion candle?

The weekly SPX candle shows a wig which is longer than the body of the candle (last candle on chart). This means sellers are taking over as selling pressure (the wig) is larger than the buying pressure (body). Similar candles can be observed early November 2015, May 2015, and late March 2015. Our regular weekly…

DOW update: are price and time related?

Since the ATH made in May 2015 and the first low made in August 2015, we’ve been tracking a 34-day trading interval on the DOW (blue vertical lines) We the noticed then in November 2015 that there was a 2nd 34-day trading interval (green vertical lines). Cont’d below. Figure 1: price and time are related…