Come September the PIGS will be in trouble again and that Spring mess will
return with a vengeance.
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2
Adam Lass
1: The Corner
This is the moment when price has hit the top or bottom boundary of a
trading channel. On our OEX chart, you can see this signal cropping up three
times since the long-term falling trend commenced in 2006 (yes 2006!). Each
has presaged the sort of cyclic changes that are often confused with
genuine decadal bull or bear markets.
You simply can't help but see that the third iteration of this signal hit at
the top line of the trend in late April of this year.
2: The Cross
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