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Thursday, March 3, 2016
Market Timing Update (3/3/16)
[EOD] Stocks -
SPX is subdivide up after the breakout, with an ambition to tag the MA200 and the overhead gap (Chart 1).
The potential diagonal triangle (leading or ending) remain in play (Chart 2), with the blue DT being invalidated beyond 2003.84. Chart 3 tracks wave E of the blue DT or the green wave (i).
[910am] ES update -
wedging or nesting. see chart.