Wednesday, September 21, 2016

Market Timing Update (9/21/16)

[EOD] Stocks-
SPX fills a gap, reaches the Fib-618 retrace, closed at/above the nearest overhead resistance line (Chart 1) on the post-FOMC rally. Chart 2 tracks a new upswing(green) and a rebound (blue).

[255pm] SPX update-
Wicked batch of potential triangles, including diagonal triangles. See charts.

[1025am] SPX update-
Pre-FOMC squiggles and tracking counts. See charts.



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