Monday, November 3, 2014

Market Timing Update (11/3/14)

[EOD] Stocks -
On balance, price actions over the past two sessions suggest a potential fourth wave structure (potentially a running flat or triangle). See charts.

[225pm] SPX update-
Tracking counts and squiggles. A potential small-degree wedge (red) in SPX.  See charts.

[815am] ES update-
First session of the month. A potential fourth wave in ES, perhaps a triangle. See chart.