Thursday, June 12, 2014

Market Timing Update (6/12/14)

[EOD] Stocks-
SP500 is retesting the wedge / green line support, on a full moon (Chart 1). Chart 2 tracks the squiggles from the high. The market should tell if this is an initial drop of the proposed EDT or a small-degree 4th wave fairly soon.

[1130am] SPX update-
[725am] ES update-
up channel and down channel. See charts.