I've noticed an increase in page views over the last couple days, so I thought I'd just post a quick update. I have not changed my stops or opinion on the direction of this wave. However, it has been choppy. My RUM Wave chart has taken a formation that I have not ever seen. I reviewed the data back to 2006 looking for a similar pattern with no success. Traditional market oscillators do indicate a bottoming in the very short term, so I'm comfortable leaving my stops where they originally were set.
Special hello to my friends in Dilbeek, Belgium. You guys are one of the most frequent viewers of the RUM Wave blog! Thanks for reading!
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