Friday, October 31, 2014

Market Timing Update (10/31/14)

[330pm] SPX update-
A potential A-B-C(EDT) pullback from this morning's Halloween high. See charts.  In addition, SP500 the cumulative AD line appears to have made a higher high today.

[10am] SPX update-
Five unfilled gaps in SPX since its October low. Charts present tracking counts and squiggles. SP500 cash index is likely poised for new highs as ES did overnight.

[735am] ES update-
Month End. Futures delivered a fresh all-time high overnight in response to further Japan QE. USD responded as well. ES is likely wrapping up the blue wave 3 (red wave [iii] of C) or green wave 5 as shown. See charts.


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