But the reversal indicator is hitting extremes

Today is shaping up to be a game-changing day in the market.  Over the past few weeks we had been waffling back in forth, breaking out of a bear-flag pattern and breaking the trend-line off of the 6/4 lows. 

That my friend, is pretty significant – Particularly when you consider the fact that in ONE DAY the market has established for itself a lower-low and confirmed a lower high. 

Heavy stuff for this market. 

Here’s the SharePlanner Reversal Indicator.

shareplanner reversal indicator 11-07-12 

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