HSI:also "Chartramblings' 3 monthly bar reversals" pattern??

A NYSE Composite New Monthly Chart is presented in the Chartramblings Blog

(http://chartramblings.blogspot.com/2011/08/3-bar-reversals-in-monthly-time-frame.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Chartramblings+%28chartramblings%29)

The same "3 monthly bar reversals" argument seems to be applicable to our HSI as well

God Bless