yw Leones. No. Contract rollover in the spoos will distort the trading. I developed some other indicators which are not showing kindness to the longs. You are on to something about May 2015. However, in the mind of a professional trader and managing director, I would be short and reducing risk now. Hence the churn up here.
The blue banding represents non-linear channels. It market the bottom as it intersected with another from a 30+ year cycle. The blue one is of shorter cyclical duration. Some you can't see are representing the containment of prices on the DJ30. With prices from approx. 1905, I can run these. PM me if you have questions.