Monday, April 1, 2013

Market Timing Update (4/1/13)

[EOD] Stocks -
If SPX finds its low at today's low, it makes a decent EDT in SPX cash as well as ES. The squiggle counts in Chart 1 tracks key near term scenarios - blue EDT-up, red expanded flat-down. These scenarios correspond to those in Chart 2 which was presented in Monthly Outlook Update (3/28/13).

[810am] ES Update -