analysis on IYY

shangle

I think most of the analysis on this board is correct that there will be a down turn next week. From this site qi-research.com analysis on IYY - US total market index, similar to SPX. We've just hit the top long term trendline. If broken through, there will be a major rally, but it has not, so I expect some kind of correct will take place.
see the prediction made on April 17 commentary: http://www.qi-research.com/cgi-bin//view_page.cgi?pid=commentary
Now see the similar chart on the screenulator http://www.screenulator.com/cgi-bin/search_symbol.cgi?symbol=iyy
they also have some interesting free chart pattern filter i find useful to pickup good potential trades.