Wednesday, December 23, 2015

Market Timing Update (12/23/15)

[EOD] Stocks-
SP500 continues to subdivide higher (Chart 1) and is at the golden cross and trendline congestion area (Chart 2). Mid-to-Small caps are making near term higher highs (Chart 3). Technical indicators are now near term overbought, it'd be prudent to leave some room for a near term pullback.

[1050am] SPX update-
Chart shows squiggles from the nominal low.


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