Well, pattern 4.5 called it (see earlier post) - wish I had stuck with that. But with only two hits, it was difficult to go with the predictions of that pattern. Now it has 3 ...
For Wednesday, we have pattern 8.3. Now pattern 3 is overall a very down pattern: 21 hits, giving us a compounded return of +0.25, +1.14, -6.85, -6.64 and -9.14 for the G, F, C, S and I funds respectively. Pattern 8.3 isn't any better: 3 hits for a compounded return of +0.08, +0.61, -1.68, -1.69 and -1.93 for the G, F, C, S and I.
But ... the Fed is meeting today ... and I am betting they are going to cut rates (which is why I am in the S fund today) ... if that happens, I bet that the other markets will respond. With the laggard nature of the I-fund, that means that the I-fund will pop on Wednesday.
So ... once more, I am bucking the system and will go 100% to the I-fund on Wednesday.