Blay Timing Indicator Sell signals and decline after final low for the move
| SELL DATE | LEVEL | LOW DATE | LEVEL | FURTHER LOSS | MOS. TO LOW |
|---|---|---|---|---|---|
| 1978-11-24 | 95.79 | 1978-11-29 | 93.75 | -0.0213 | 0.2 |
| 1980-03-18 | 104.1 | 1980-03-18 | 104.1 | 0 | 0 |
| 1981-02-25 | 128.52 | 1981-09-08 | 117.98 | -0.082 | 6.5 |
| 1981-09-23 | 115.65 | 1981-09-25 | 112.77 | -0.0249 | 0.1 |
| 1982-02-23 | 111.51 | 1982-08-12 | 102.42 | -0.0815 | 5.7 |
| 1984-02-23 | 154.29 | 1984-02-23 | 154.29 | 0 | 0 |
| 1987-10-16 | 282.69 | 1987-10-19 | 224.83 | -0.2047 | 0.05 |
| 1987-11-24 | 246.38 | 2007-12-03 | 225.21 | -0.0859 | 0.33 |
| 1990-08-20 | 328.51 | 1990-10-11 | 295.45 | -0.1006 | 1.73 |
| 1998-08-28 | 1027.25 | 1998-08-31 | 957.55 | -0.0679 | 0.033 |
| 1999-09-23 | 1280.77 | 1999-09-29 | 1268.37 | -0.0097 | 0.2 |
| 2000-10-13 | 1374.1 | 2001-09-21 | 965.8 | -0.2971 | 11.26 |
| 2002-07-10 | 920.47 | 2002-07-19 | 847.75 | -0.079 | 0.33 |
| 2007-11-27 | 1428.22 | 2008-03-10 | 1273.39 | -0.1084 | 3.5 |
| 2008-05-12 | 1403.58 | 2009-03-09 | 676.53 | -0.518 | 9.76 |
| 2009-02-19 | 778.94 | 2009-03-09 | 676.53 | -0.1315 | 0.6 |
| 2010-06-08 | 1062 | 2010-06-09 | 1055.69 | -0.0059 | 0.03 |
| 2010-06-23 | 1092.04 | 2010-07-02 | 1022.58 | -0.0636 | 0.23 |
| 2011-08-09 | 1172.53 | 2011-10-03 | 1099.23 | -0.0625 | 1.83 |
| 2015-03-04 | 2098.53 | 2015-03-11 | 2040.24 | -0.0278 | 0.23 |
| 2015-08-25 | 1867.62 | 2016-02-11 | 1829.08 | -0.0206 | 5.6 |
| 2018-10-23 | 2740.69 | 2018-12-24 | 2351.1 | -0.1422 | 2.03 |
| 2020-02-28 | 2954.22 | 2020-03-23 | 2237.4 | -0.2426 | 1.23 |
| 2022-03-08 | 4170.7 | 2022-10-12 | 3577.03 | -0.1423 | 7 |
| 2024-01-04 | 4688.68 | 2024-01-04 | 4688.68 | 0 | 0 |
| Average further decline | -10.08% | 2.33 |