Posted on August 24, 2015 by Martin Armstrong
That is a Monthly Bearish at 16680, not a Daily. Penetrating that intraday merely meant we were blowing through to the main Monthly Bearish Reversal lying at the 15550. So a daily closing below that number today has no impact. On our model, this is like the 1987 Crash moving to the same points within relative space and time.
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