6/30/2016

You know you have a method that works when a statement made mid-March applies almost perfectly more than 3 months later.

From 3/12/2016: "Bull alive and kicking above 17138 (the highest of the INDU pivots, the Q1P) and still more likely than bear with INDU above its YP at 17048."

Monday 6/27 low was INDU 17063, just 15 Dow points from the YP. 

I have seen this before - whether it is end of QE, Ebola, or Brexit - if the leading index holds a long term pivot, the trend is alive.