Wednesday, April 11, 2012

Market Timing Update (4/11/12)

[10am] SPX squiggle update -
top wave structures for the short term -
(blue) completed zigzag down from the nominal high
(red) completed five down from the nominal high
(purple) wave [v]-down of a five down from the nominal high is yet to come










[710am] ES / DAX update -
No change in the larger counts - 4th wave (could evolve into a B/X wave) or trend change