Thursday, September 29, 2011

Market Timing Update (9/29/11)

[EOD] Stocks -
The primary count of a corrective retrace still tracks well. Chart 1 (SPX) and Chart 2 (INDU) show the squiggle count.
Chart 3 and Chart 4 refresh the primary bullish and bearish count. Chart 5 shows how NDX can fit into the larger count - a wave 2 retrace of an LD under the bullish interpretation, which is Chart 3 in Twist and Turn (9/23/11) (see the 2nd chart below).

[220pm] SPX squiggle update -
an update to the 1212pm count










[1212pm] SPX squiggle update -
see 2nd chart below
[12pm] DAX closing update -
[820am] ES, DAX update -