|The red arrow points to a negative channel established in
December 2007. In October 2008 the Barometer-plot (yellow line) broke
through the lower channel boundary (second white line, top to bottom) into a
new channel that was established on November 20, 2008 when the plot bounced
off the third boundary (third white line).
This new channel (pointed to by
the blue arrow) will become either a bottom building channel OR could turn
into another negative channel.
It could take weeks to months to establish a bottom or if it breaks
through that third white line it would indicate more negativity in the stock
The forecast works off these model-metrics and when and if the market
gets worse or better it is reflected in the forecast- the bug, located upper
left corner on all public pages.
This particular chart is updated daily but not published on the website
routinely, for security reasons. However, there is a similar flash
chart that is displayed daily, located in the
Market Snapshot section.