Saturday, April 27, 2019

MTU Weekend Ed. - New High (4/26/19)

Strength is concentrated in the tech and the large-cap.  The Nasdaq indices made new all-time highs.  The large-cap indices are not far behind (Chart 1).  The upswing from the Dec low is likely corrective based on its structure, so far (Chart 2 and Chart 3).



Sunday, April 14, 2019

MTU Weekend Ed - ABC (4/12/19)

A potential ABC structure appears mature.  ES may be counted as a zigzag since the Dec low, but SPX counts better as a double zigzag-like structure.

Saturday, April 6, 2019

MTU Month-End Ed. - ABC (4/5/19)

As the rebound pushes on, potential (synchronized) ABC structures may be present in several indices (Chart 1 to Chart 3).  The larger-degree bull/bear tracking remain unchanged (Chart 4 and Chart 5).