Tuesday, July 5, 2011

Market Timing Update (7/5/11)

[EOD] Stocks -
Count update on SPX and ES. Please see A Fresh Shot (7/1/11) regarding thoughts on the larger count.
[340pm] Count update (ES) -
see the 2nd chart below - corresponding count on ES
[320pm] Count update (SPX) -
make those green labels iii or (iii) and iv or (iv)
[710am] Overnight update (ES) -
0.764 fib run, a potential extended 5th squiggle count.
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