Monday, August 5, 2013

Market Timing Update (8/5/13)

[EOD] Stocks -
Small-degree 4th wave (triangle?) or topped out in SPX and INDU. See charts.

[115pm] SPX update -
The red trend line in the squiggle chart is likely important.

[725am] ES update -
Squiggles on ES appear to suggest small-degree down-up to finish wave 5 off the Jun low. See charts.