Thursday, October 13, 2016

Market Timing Update (10/13/16)

[1220m] SPX update-
SPX rebounds after hitting the Fib382 retrace and is at the lower end of its prior range (Chart 1), with a 3-wave (blue) or 5 wave (red) pattern (Chart 2). See charts.

[9am] ES update-
ES tracking. Blue-rhyming with the Sep crash; Green- upward flat or A and B of EDT or large sideways triangle. See chart.




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