Friday, September 9, 2016

Market Timing Update (9/9/16)

[125pm] SPX update-
SPX gaped down and dropped hard to below its MA50. Currently at potential support. Next support area is between the TL and 2110 breakout area, which is where a potential HS pattern is targeting. See chart.

[745am] ES update-
Potential for gap fill and testing of MA50 in the cash index. See charts.



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