Wednesday, August 17, 2016

Market Timing Update (8/17/16)

[EOD] Stocks-
Potential 5-down & 3-up (Chart 1 blue). Chart 2 shows near term options. The immediate bullish count is the small-degree EDT highlighted in Chart 3. Meanwhile, ES is kissing prior support, now potential resistance (green line in Chart 4).

[105pm] SPX update-
Squiggles and near term tracking. See charts.



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