Tuesday, January 27, 2015

Market Timing Update (1/27/15)

[EOD] Stocks -
SP500 has delivered overlapping declines from last week's high so far (Chart 1). The green trend line appears important for the near term where today's low and close both retested (Chart 2). The downward open gap around 2050 remains unfilled(Chart 2).

[1025am] SPX update -
SP500 retesting the green trend line. See charts.