Hi Mike,

According to some studies you previously published, there are 3 criteria to validate the chance of success of a FTD.

1) Coppock +/- 4 weeks of a FTD : we are actually in negative territory. Therefore, any upturn in the next 4 weeks will trigger a coppock signal

2) %E needs to be between 7.4% and 16% : %E is actually at 17.78%. (70% failure when %E > 16%).

3) Eureka +/- 10 days of a FTD : we had 2 eurekas since June 6.

For those June failures you are referring to, do you know if they complied to those 3 criteria?

Thanks in advance,

Martin