Tuesday, June 2, 2015

Market Timing Update (6/2/15)

[EOD] Stocks -

[1305pm] SPX update -
Also note the potential gray expanding triangle [b] this churning continues for a while. See chart.
[1255pm] SPX update -
Lines, counts, squiggles, and overhead resistance to watch. See charts.

[845am] ES update -
Full moon. ES is likely wrapping up a potential abc-x-abc structure (Chart 1), potentially as the green wave [d] in Chart 2.