SP:SPX   The S&P 500 Index
191 1 2
2016 will be a hell of a year
AGREE, and the SCIENCE that supports is to simply overlay BBs and the 9 EMA . The 9 EMA has only closed below the mid BB on the monthly three times, month ending: DEC 2000, FEB 2008, and January 2016. Sometimes ( ex 2008 ) price can actually ascend after the initial cross, for 2.5 months back in 2008, but as long as the 9 EMA stays below the mid BB, the correction is in progress. We are currently in a very similar period, IMO
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