Friday, February 16, 2018

Thursday, February 15, 2018

Wednesday, February 14, 2018

Tuesday, February 13, 2018

Monday, February 12, 2018

Friday, February 9, 2018

MTU Weekend Ed. - Reversing 2 (2/9/18 close)

SPX is trying to regain the channel (Chart 1).  Bullish scenario - red [iv] and green 4.  Bearish scenario - blue 1-down.
SPX delivered a visual five-down from the top (Chart 2  red).  Other options remain interesting (Chart 2 green, blue).


Thursday, February 8, 2018

Wednesday, February 7, 2018

Tuesday, February 6, 2018

Monday, February 5, 2018

Market Timing Update (2/5/18)

SPX (2648.94) closed in between MA50 (2716.15) and MA200 (2533.87), wiping out more than its 2018 gains in 5 trading days.

SPX is at its lower channel (Chart 1).  The decline to date can be counted as a mature five, with the possibility that the current area is only 3 of that five or C-down (Chart 2).


Friday, February 2, 2018

Thursday, February 1, 2018