The Barometer channel chart of February 6, 2009 shows a
probable new channel being developed [red arrow]. If
Monday February 9, 2009 is a positive day then it would appear that we are
on our way to making a bottom to this market.
The new Barometer channel show that we could have several weeks to months
of mostly settled positive stock market.
If the next couple of sessions are positive or neutral, we can expect a
forecast change possibly midweek.
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.
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