Using our Gann method of time analysis, the best shot of a top comes in the 90 day from October low time frame, or 1st week in January. XLI Friday formed a Bullish Harami pattern. I project a potential perfect squaring of time and price, should XLI be able to move to $36, or 10 points from the October low. This also moves into R2 just above the 200 day moving average, creating a false break pattern. All the CNBC talking heads get trapped in a perceived new bull break out; thus setting up the max pain scenario desired by NWO.
Forecasting has become next to impossible in these hijacked markets, unless you have tomorrows newspaper. But, the next perfect squaring of price and time would be 1st week of January or 90 days, 10 points up from the low at $36. Wait for non-conformation from OBV and SAR sell signal before shorting.
Tim Kathlina
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