Wednesday, April 25, 2012

Market Timing Update (4/25/12)

[EOD] Stocks -
SPX, INDU and NDX have traced out quite different wave structures. INDU offers the "cleanest" structure at the moment. The blue count puts INDU and SPX roughly in sync.

[850am] ES update -

[740am] DAX update - A truncated small-degree 5th in the DAX squiggles marked a near term low. Bearish wave [ii]-up rebound or bullish wave [v]-up advance under way. See yesterday's EOD update for details.