S&P and Tests of 65-dma
                 Closest Parallels to 2017

                  1980         3rd test fails but that was in Decmber
                  1986         3rd test fails in July
                  1988         3rd test succeeds in November.
                  1993         3rd test succeeds in November.
                  2003         3rd test succeeds in November. 
                  2013         3 delayed successes, last in October
                  2014         3rd test fails in September

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             What happens when SP-500 falls to
and rebounds from rising 65-dma with IP21 positive?

                Rebounds        Failures

June
July
Aug                     4                       6
Sept
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                 What happens when SP-500 falls to
and rebounds from rising 65-dma with IP21 positive
                for 3 or more times in a year?
 

                    Rebounds        Failures

June
July
Aug
Sept

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                                    Year by year: 1980-2017