2007 July to present, Bear market OE study.

red lines r critical turning pt to market, either at top or bottom of its range. after peak at 2007 july OE, in total 17, 8 of them serviced as short period of turning corner of the market . specially after JUN 2007, only dec 2007 isnt critical.



orange circles r at bottom and lightblues r at top.

from 2007 Aug to 2008 Dec, 17 OEs play so far and they both shows great volatility. made 11 out of 17 OE s at range's top or bottom, at 65%.

break down to 6 of 17 at the bottom of 2 week range, and 5 of 17 s at peak, discrepency swings over 20% from OE week to the week after. worthy to mention is that the market in 2008 rally topped at May OE, dived at Nov OE bottom.




conclusion,OE is for a relatively longer term swing trade entries.