Wednesday, October 22, 2014

Market Timing Update (10/22/14)

[EOD] Stocks-
SPX is retesting its Oct 2nd low. Let's see if that's still of any significance. See charts.

[1240pm] SPX update-
SPX bumping between the potential red TL resistance and blue TL support, in a potential small-degree 4th wave. See charts.

[815am] ES update-
ES is fighting against the initial downward treandline (Chart 1). Chart 2 tracks squiggles from the Oct low.