Market Timing Update (12/31/12)

[EOD] Stocks -
See recent updates for discussions.




[255pm] SPX squiggles and VIX fractal -
Chart 1 shows the tracking count on SPX squiggles from its recent low. Please see the 1230pm update for larger counts where these squiggle counts would fit. Chart 2 highlights a potential "fractal" in VIX for it to complete the proposed C-down.


[1230pm] SPX update -

Here's an update on the squiggle count on SPX since the cliff high. Please see discussions here.



[830am] ES update -
Last day of 2012. ES testing potential support around the prior neckline and Fib618 retrace. See chart.