Monday, October 1, 2012

Market Timing Update (10/1/12)

[340pm/EOD] Stocks -
As it did last Friday, SPX found interim support at "this" trendline. See chart. See INDU chart for tracking counts at a larger degree.

[1pm] INDU update -
The Dow offers better tracking. Keep an eye on the larger count as well as the squiggle counts. See charts.

[815am] ES update -
The proposed rebound (see rebound (9/28/12)) is in progress. See the following chart for top tracking counts.