Thursday, June 30, 2016

Market Timing Update (6/30/16)

[EOD] Stocks-
A strong upswing (Chart 1 and Chart 2), bringing SPX to a 5th breakout attempt(Chart 3)

[1255pm] SPX update-
Squiggles update. Continued advance raises the probability of a wave five (see the green tracking count in Chart).

[1118am] SPX update-
Squiggles from the low. Nice Fib ratio and a potential small degree expanding EDT to wrap up three waves (abc or 123). See chart.

[1035am] ES update-
ES retested the red line (pre-brexit wedge) this morning. See chart.