Thursday, December 31, 2015

Market Timing Update (12/31/15)

[Happy New Year] Stocks -
Small degree five-wave decline into the year end. SPX/DOW are negative for the year 2015, bucking their historical tendency. See charts.

[1045am] SPX update -
End of year. Mini-waterfall decline. The proposed retest of the 2010/2020 area is most likely underway, barring a flat pullback (green [b] in Chart 2). See charts.



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