An IPA Breakdown Far Ahead of The DJI?
The Cases since 1929...
The experimental Sell S9 shows
IPA new low and DJI is still 1.5% over 21-day ma.
1. July-August 1929 - A Collapse started 2 months later
2. December 1934 - DJI immeidately fell to lower band and restarted
it bull market.
3. June, September, October 1936 - DJI rose for another 1/2 year
and then plunged 47%.
4. April 1940. DJI dropped 30% in two months.
( January 1960 - Almost the same bearish setup and then immediate
9 month decline.)
5. January 1966 - Bear market followed immediately for 9 months.
6. Aug 1971 - 10% decline started a month later.
( July 1975 - IPA Head/Shoulders ended 1975 bull market and
DJI fell 10%..)
(1976. Extreme IPA strength can be wrong and market may still decline.)
(Sept-Oct 1978 - Extreme IPA bearish divergence warns of "October
massacre" that is coming. )
7 BAD August 1982 IPA weakness was absolutely wrong!
(July 1998 - Extreme IPA bearish divergence warns 20% drop
from late July to October. )
8 November 1999 and January 2000 correctly warned that bull
market was ending and that 3 year bear market was about to start.
( June 2008 - IPA Head/Shoulders warned of Financial Panic was
just ahead. )
