Triple Non-Confirmations of DJI New High

Instead of worry about how far above the
21-day ma the DJI is, here we only ask that
the DJI made a 65-high.

How serious is a new DJI 65-day high
that is negative confirmed by a V-I and IP21
AND also shows a current P-I down more
80% from its 65-day high?  The charts below
show these as "S7" sells, which are not be
confused with the present Peerless S7.

Here I only looked at the S7s from December
to June to factor in how well they did in
fighting a generally bullish seasonality.

In general, I would judge 18 of these S7s
to be successful Sells while 9 failed, either
the DJI kept rising  in a bull market or there
would have been a paper loss of more than 5%
or there was no final peak for more than a
month,.

The failures occurred in:
March 1930
December 1958
April 1959
December 1963
Feb 1964
April 1964
April 1965
April 1999
Aoril 2006

The successes occurred in:
January 1929
May 1929