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    Posted May 17, 2012 by
    ronjaenisch

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    How far will stocks plunge?

    By ronjaenisch  |  Posted May 17, 2012  
     

    During the strong down move last year we posted a chart with a mid air fork much like the one you see above. Prices went to the lowest line and reversed.

     

    Will prices do the same this time in the Russell index?
    Last year there were several other Advanced Andrews Course indicators and the ORE that gave us the confidence that this was the reversal point.

     

    The standard distance target is marked.

     

    This year the area marked as reaction target is the one where various note worthy indicators come together. Perhaps it is there were the start of a summer rally will occur.

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