Friday, September 30, 2011

Market Timing Update (9/30/11)

[EOD] stocks -
overlapping decline to date, with a more visible zigzag in NDX (see 335pm entry)
[335pm] ES, NDX update -

[1250pm] Gold update -
(red)- impulse down with a potential truncated fifth
(blue)- corrective count potentially complete.
see 2nd chart below.
[12pm] A look at how DAX clsoed -

[720am] ES, DAX update -
Month end.
ES - visually 7 waves down from the recent nominal high
DAX - expanded flat gap fill or zigzag down from the recent nominal (higher) high
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