Percent Bears....Tech Analysis on an Indicator

A while back I did a "Questioned Practice" on applying tech analysis to a "Percent Bears" Chart.

http://oahutrading.blogspot.com/2009/09/tech-analysis-on-percent-bears.html

We are now right about at the expected measured move.  There be a little more "downside" towards even a few percent less bears.

http://www.market-harmonics.com/free-charts/sentiment/investors_intelligence.htm