Stage Analysis - Where are we now?

Stan Weintstein's book "Secrets for Profiting in Bull and Bear Markets", relies heavily on Stage Analysis, a method of evaluating a stock and/or an index in terms of accumulation (buying or selling). Using the Stage Analysis model there are four (4) distinct stages every stock and market goes through.  I believe we entered Stage 4 in August and remember, I don't buy in Stage 4 because I don't know when it will end.


Stage Analysis:

• Stage 1 - Basing Phase (February 2012)
•  30 week moving average loses its downward slope and starts to improve
• Stage 2 - Advancing Phase (January 2013)
• 30 week moving average slopes up. 
• Close is above the 30 week moving average, with higher lows
•  Fundamentals improve
• Stage 3 - The Top Phase (May 2015)
• Loses momentum
• Choppy market
• 30 week moving average loses upward slope and flattens
• Stage 4 - Declining Phase (August 2015)
•  Close line below Moving average
• 30 week moving average is sloping down