INDU Yearly Pivot strikes again!

On June 11 I gave a talk on this method through the TSAA-SF. After going through some pivot basics (what are pivots, how are they calculated, etc) we went straight to the importance of the INDU Yearly Pivot (and half-year, or semi-annual) pivots as well.

We looked at all the key turns of the past 10 years or so on these levels. These have included *the* 2007 top, *the* 2009 low, the 2014 low, 2015 low and now 2 key lows in 2016 too!  

After Brexit there were many opinions but on 6/27-28 the pivots gave the best answer: Buy! I hope people who attended the talk spotted this move.

Remember, daily market comments after close here. These always include SPY, and often other main indexes of note. 

Weekend more involved with blog posts on valuation and fundamentals, USA main indexes, safe havens, and a total market view to sum it all up. 

Recent comments from 6/27 on have been all bullish per the pivot action - summary here.