Monday, September 19, 2011

Market Timing Update (9/19/11)

[EOD] Stocks-
Squiggle counts favor one more decline (Chart 2, blue). But NDX made a higher high (Chart 3) thanks to Apple - so Chart 2, green may be playing out to complete the blue [i]-up in Chart 1. So keep an eye on all the top tracking counts (Chart 1).


The tracking counts on DAX (12pm entry) and Gold (10:55am entry) are worth checking out.

[330pm] SPX update-
squiggles, see the 2nd chart below
[12pm] DAX update-
a look at DAX squiggles at the close.
[10:55am] Gold update-
quick drop this morning, still tracking a triangle or flat, see the 2nd chart below.
[10am] SPX update-
[710am] DAX, ES update-
pullback, see weekend commentary for details.
blog comments powered by Disqus