Thursday, October 16, 2014

Market Timing Update (10/16/14)

[1510pm]SPX update-
If this rebound is the red [iv] in Chart 1, red wave [v] should be in progress (but squiggles are unclear). Otherwise, a much deeper retrace is likely (Chart 2, blue).

[1130am]SPX update-
Tracking counts and squiggles. See charts.

[810am] ES update-
Two near term tracking counts (blue and red) and squiggles. See charts.

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