Where's the bottom?

There is little question that the stock market is wildly oversold. My intermediate term bottom spotting model has been flashing a buy signal for over a week. This signal is based on the combination of an oversold signal on the Zweig Breadth Thrust Indicators, and the NYSE McClellan Summation Index (NYSI) turning negative. In the past, this model has shown an uncanny ability to spot an intermediate bottom, but stock prices have continued to fall despite the buy signal.

Where's the bottom?

The full post can be found here.