Weekly Stock Market Update, Forecast, and Outlook for October.

So far with today's down move the Dow Analog I have been following continues to track. Dow Analog Update. Here is the chart again from that Analog Update: Here is the Weekly DIA chart from today. As you can see, we are about to get a bearish DMI cross in the indicators. This what occurred during the hard down phase in the Dow Analog chart above. In fact, the indicators in the chart below look almost identical to that July 2011 hard down phase in the Analog.  The Daily DIA chart is equally bearish with the cloud support having been broken, and the cloud conversion line having cross the baseline support. Here is the chart: Analogs work until the they do not. The key is to watch for them to diverge. As of now, presently, the market is trading with the analog and the ancitipated hard down phase. I will update as time permits given my schedule.  As always, I will post when a position is exited.
Peace, Om, SoulJester