Wednesday, November 9, 2016

Market Timing Update (11/9/16)

[EOD] Stocks-
Today's high in coincided with the intersection of the two potential resistance lines (see Chart). Let's see if there is follow-through for a breakout. See intraday updates below for bull/bear tracking on SPX and the DOW.

[310pm] INDU update-
The Dow is less than 40 points shy of a new all-time high. See bull/bear tracking chart.

[3pm] SPX update-
Cash index tracking, see chart.