Wednesday, October 7, 2015

Market Timing Update (10/7/15)

[EOD] Stocks -
Keep an on a potential bullish triangle  (See Chart, green, gray triangles) as well as a potential bearish triangle (See Chart, red triangle). See the [11am] update for other charts and discussion.

[11am] SPX update -
Interesting development - Dow make a higher rebound high. The current upswing looks impulsive, either an initial upswing or a terminal rebound with respect to the August crash low. See charts.