Wednesday, June 12, 2013

Market Timing Update (6/12/13)

[EOD] Stocks -
Chart 1 (ES) shows the market continues to react to a prior downward trend line. Tracking counts on ES are color coded. Chart 2 shows potential structures of SPX on a larger degree.

Chart 3 and Chart 4 update our bullish (corrective decline) and the bearish (impulse wave decline) tracking.

[1150am] SPX update -
follow up on yesterday's EOD charts.

[910am] ES update -