Wednesday, March 9, 2011

Market Timing Update (3/9/11)

[EOD] Stocks and Oil -
Stocks - Triangles everywhere, large and small ones. Depending on how one counts the the most recent small degree triangle, one can even make a case that this small triangle completes the median triangle, which completes the large triangle - if these are indeed triangles.

Oil - corrective W-X-Y pullback, most likely.

[1140am] NDX and Apple update -
The weakest index today.
[8am] Overnight update (Oil,Stocks) -
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