Thursday, July 14, 2011

Market Timing Update (7/14/11)

[EOD] stocks -
There's a decent chance for a low, at least an interim low, today or tomorrow. See charts.

[1240pm] count update (SPX) -
Testing MA50. The recent move allows some cleaning of the labels. Bearish(red), semi-bullish(blue), bullish (green).
[1110am] count update (SPX) -
creative (ac)couting, see the 2nd chart below. bearish - blue, red main; semi bullish - red alt; bullish - green

[810am] Overnight update (ES) -
see yesterday's EOD entry
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