I don't think so. Watch the video from Tone Vays. He is using the Sequential indicator with great success. In his video he motivates why we will get a temp bottom in the next 2 weeks and a all out bottom in October or November.

I think he is correct in predicting a 4975 temp bottom in the next 2 weeks and then a small rally. I want to get onto this one, but I don't think it will go to 10000. Tone thinks maybe 8500 and then down again.

Let me know what you think of Tone Vays predictions.