Wednesday, January 23, 2013

Market Timing Update (1/23/13)

[325pm] SPX update -
Both the blue and green squiggle counts highlighted yesterday are still in the running (Chart 1) as the proposed blue (iii) is a fraction of a point longer than the proposed blue (i). There's no change the larger tracking count either (Chart 2).

[810am] ES update -
The red C is currently about twice in time and half in magnitude with respect to the red A in ES. See chart.