Friday, January 3, 2014

Market Timing Update (1/3/14)

[8:55am] ES update -
The overnight drop to a lower low in ES appears to be part of an small-degree expanded flat. If so, another leg down is expected, possibly to complete b-down of (e)-up of the proposed EDT.  See charts.  The associated alternative count is that the overnight low completes b-down of (e)-up.