- Market Rewind: Ponzo's Time Machine
- Market Rewind: Time Machine Update (March 5, 2009)
- Market Rewind: Time Machine Update (March 11, 2009)
You may want to read the research note here in conjunction with this post. In fact, we did not get a sixth day above RSI-2 95, but rather fell to just under 90. Nevertheless, I still think the persistent bullish behavior may be telling us something important, at least in the very near-term even if we do get a small pullback soon. In that regard, the Fibonacci retrace chart here may become helpful in identifying target ranges.