Thursday, November 17, 2016

Market Timing Update (11/17/16)

[EOD] Stocks -
While the case for a breakout is building in SPX (Chart 1) (especially with record highs in other indexes), a near term downswing looks probable give a completing post-election thrust in SPX (3s or 5s, Chart 2 and Chart 3) and ES(5s, Chart 4).