Charts foretelling a "bad news" day?

Yahoo! Finance reports that the barrage of bad news upset the market leading to the close to 2% slide in the NASDAQ Composite Index. Let us check what the Orthochronos charts had foretold.
First, check the final intraday chart as of close of yesterday (8/18). The indications are very clear.

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Now let us check how the situation is in the End-of-Day charts which use only the daily closing price/index data.

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From the two charts above, it is clear that the downside was to be expected. Given these charts and the situation of the market today, it will be interesting to predict how Friday will shape up.

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