tag:blogger.com,1999:blog-38480759145730980142024-03-19T04:48:27.151-04:00Market Timing UpdateDisclaimer: Each post is for informational purposes only. It is not a solicitation, a recommendation or advice to buy or sell any security or investment product. Information provided in each post does not constitute investment advice.Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.comBlogger2876125tag:blogger.com,1999:blog-3848075914573098014.post-76074808598372550532024-03-09T09:19:00.003-05:002024-03-09T09:20:03.560-05:00Weekend Update - Trendline rejection (3/8/24)<p>SPX was rejected by the blue trendline Friday. The trendline had been sucessfully tested four times and held since November, until now. SPX has unable to break above the trendline so far. Since November, there have been six unfilled gaps below. Waves appear to have been fully developed. Also note the nice Fibo relationship between sub-waves. <br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgf1qSbZI_oOlGg6k2VLv6XXapoTWUCQwbwd0aGe7DcfGkuiv0o0xDy3PrrWwl1X9L4kvobnd_oIZLSWMEx5loNj13FiWyrkAbCDRcn_eprnbbmvOjun4-BEhn81fh6cni6rHk_D3j_8pe9N4ASgZN_LedhtKi54tXxiB2PZaSE5Dqlq_ZhAJr0bCExxpc/s990/spx-20240308s.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgf1qSbZI_oOlGg6k2VLv6XXapoTWUCQwbwd0aGe7DcfGkuiv0o0xDy3PrrWwl1X9L4kvobnd_oIZLSWMEx5loNj13FiWyrkAbCDRcn_eprnbbmvOjun4-BEhn81fh6cni6rHk_D3j_8pe9N4ASgZN_LedhtKi54tXxiB2PZaSE5Dqlq_ZhAJr0bCExxpc/s320/spx-20240308s.png" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjz_xzIMERTLCzbHdTZtQEUnanqRn985jHjnHDWVfg5zWXbwI_pP3CKGdgTj8yRZWqbZ0WQ-vdIcoJlYom5EbapWG2kFUu4yDXZpRc4cbKUNSVboswdyW1GkW-IVgZkBeEEXJTtJv7vyKK7pZcBkAr7lnNVyu0JuYUj_2MBRIZEGntogXWYlC_etisV0MY/s850/spx-20240308w.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjz_xzIMERTLCzbHdTZtQEUnanqRn985jHjnHDWVfg5zWXbwI_pP3CKGdgTj8yRZWqbZ0WQ-vdIcoJlYom5EbapWG2kFUu4yDXZpRc4cbKUNSVboswdyW1GkW-IVgZkBeEEXJTtJv7vyKK7pZcBkAr7lnNVyu0JuYUj_2MBRIZEGntogXWYlC_etisV0MY/s320/spx-20240308w.png" width="320" /></a></div><br /><p><br /></p>Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com0tag:blogger.com,1999:blog-3848075914573098014.post-36031950539521419852024-03-06T08:31:00.005-05:002024-03-06T08:31:46.864-05:00Weekend Update - Throwover (3/1/24 Close)<p> SPX is now in the throwover territory. See chart.</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWeoTj42D8G_MdcJbWTWMlf8IyhwyMgW0TigSmRJYYCpsSvoMHjsxYNAtUmsXcx_drfL35hvu1_aJmorzraxBJeDdUb7X6jh6K3oSJVT-_BoOYap80bjk7upM3F2HZwjn1WV1ugUm5VCmbivViEx3qpxXiQKl2PRJ52DEOewhszKXGt1N1sl8so41OW_c/s850/spx-20240301w.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWeoTj42D8G_MdcJbWTWMlf8IyhwyMgW0TigSmRJYYCpsSvoMHjsxYNAtUmsXcx_drfL35hvu1_aJmorzraxBJeDdUb7X6jh6K3oSJVT-_BoOYap80bjk7upM3F2HZwjn1WV1ugUm5VCmbivViEx3qpxXiQKl2PRJ52DEOewhszKXGt1N1sl8so41OW_c/s320/spx-20240301w.png" width="320" /></a></div><br /> <p></p>Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com0tag:blogger.com,1999:blog-3848075914573098014.post-79499202124768249002024-02-25T18:22:00.004-05:002024-02-25T18:22:51.199-05:00Weekend Update - Upside (2/23/24 close)<p> If it is an expanding diagonal triangle from Oct 2022 (blue), SPX is
overthrowing. If we have a regular five wave (red), this past week’s
advance may be part of wave three of wave five, with wave four-down and
five-up left. The NYSE composite has finally caught up and made a new
high. </p><p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgXRFxSXr4Cs9DYuJwR0ORi3VylD4nIVKJTkiAf4xonfvgjQXxNTwIzvOniQoQqs8rgvvhhvpOg2hRNAAc5Yk2lP384TwUZk_NgnJft0rtxlSDlJ-BBfl_TH2c52SUXAFcm63b9OPWECibydJOtfZvMByVNcXAF978CCvopiWWKg3egTSjGFxQfY0jCUt0/s850/spx-20240223w.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgXRFxSXr4Cs9DYuJwR0ORi3VylD4nIVKJTkiAf4xonfvgjQXxNTwIzvOniQoQqs8rgvvhhvpOg2hRNAAc5Yk2lP384TwUZk_NgnJft0rtxlSDlJ-BBfl_TH2c52SUXAFcm63b9OPWECibydJOtfZvMByVNcXAF978CCvopiWWKg3egTSjGFxQfY0jCUt0/s320/spx-20240223w.png" width="320" /></a></div><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi5yWS5q3VV_Z0B3IJpqxo19DBGn4s_Ydgjyen6ScYKJlh4Q3ZnGSPRE4wtDJIx6ZAwkh0a5Yb4Khw1Re875Zfx-kQD39zmn1V8Dv_3MuubQYR4nNMVfH9pCvDggVPcd8IncifEU8b_eyLpHaEE8OcroBTshQhTr1S5eupL2KN-nuWwTLYJW9_1rUUid5k/s850/spx-20240223m.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi5yWS5q3VV_Z0B3IJpqxo19DBGn4s_Ydgjyen6ScYKJlh4Q3ZnGSPRE4wtDJIx6ZAwkh0a5Yb4Khw1Re875Zfx-kQD39zmn1V8Dv_3MuubQYR4nNMVfH9pCvDggVPcd8IncifEU8b_eyLpHaEE8OcroBTshQhTr1S5eupL2KN-nuWwTLYJW9_1rUUid5k/s320/spx-20240223m.png" width="320" /></a></div><br />Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com0tag:blogger.com,1999:blog-3848075914573098014.post-50037585781018369652024-02-17T16:04:00.004-05:002024-02-17T16:04:16.088-05:00Weekend Update - Confirmation (2/16/24 close)<p> <span class="comments-link"><a href="https://mtupost.wordpress.com/2024/02/17/weekly-update-confirmation-2-16-24-close/#respond"></a></span>
</p><div class="entry-content">The high in SPX presents a nice Fib profile. Since the high, SPX has
probed the blue trendline twice, where it has held each time, so far.
Monitor for a meaningful breach of the blue trendline for some
confirmation of a high. <p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgQDWrMS2-5dSwXmtOaEaQqBVluLzq36p27cwOJKT8tLaNk5ZkFl5JWVE6uV_pMbCQ24gZGeC1rXPL6lpiphOMNMCIGLH9XjQKzjVyd4AWEMgIkbCfERNtScWS5GxenNdwR7ENnmbQ6NMprk6_MB178NWcPebRqh-y0Y4uyFfeOKwcolOvo2_P0RpNLzQQ/s990/spx-20240216.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgQDWrMS2-5dSwXmtOaEaQqBVluLzq36p27cwOJKT8tLaNk5ZkFl5JWVE6uV_pMbCQ24gZGeC1rXPL6lpiphOMNMCIGLH9XjQKzjVyd4AWEMgIkbCfERNtScWS5GxenNdwR7ENnmbQ6NMprk6_MB178NWcPebRqh-y0Y4uyFfeOKwcolOvo2_P0RpNLzQQ/s320/spx-20240216.png" width="320" /></a></div> <div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiAxtZ8vRxzJwsRvHwqi8o-nX1-ys4WSUVzee01Z1-iiaW6rBEJT11EpVG0xRXK4cu13iBgtOk3bMF8yFktw5q7CmzcGY1fVdfaWe33g_z0Ppkz57TS_arCLY0cPaBkJnoKvUhyUXB2aAhnUSsHUU9ptY2HjlcqhI_rNYPDA7ivAnnUWk2ecdzeNlmXKcw/s850/spx-20240216w.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiAxtZ8vRxzJwsRvHwqi8o-nX1-ys4WSUVzee01Z1-iiaW6rBEJT11EpVG0xRXK4cu13iBgtOk3bMF8yFktw5q7CmzcGY1fVdfaWe33g_z0Ppkz57TS_arCLY0cPaBkJnoKvUhyUXB2aAhnUSsHUU9ptY2HjlcqhI_rNYPDA7ivAnnUWk2ecdzeNlmXKcw/s320/spx-20240216w.png" width="320" /></a></div><br /><p></p></div>Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com0tag:blogger.com,1999:blog-3848075914573098014.post-16734986239656019072024-02-11T15:18:00.000-05:002024-02-11T15:18:01.626-05:00Weekend Update (2/9/24 Close)<p>SPX is approaching its upper edge of a potential expanding triangle. The
smaller Wave A and Wave C within its final Wave E are also forming a
nice Fib ratio. </p><p></p><p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiyl-uDv_QzhZtJOe74qzkgBNENMnT7JABIRIBzBLPMnPhEzERG2s2ve_W_Q_EvkQlCqPOggwwqZoPLVDU5pwPfRC76xqzouOAVo6AkX0HacCVqkX896xKPWjK1Rmk5SBWrbdw2E2PxgRsG1GLTkW9ldXAi6lPXcqI0XkpvWDLkFp5ULnEFD7S7VtcTB90/s850/spx-20240209w.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiyl-uDv_QzhZtJOe74qzkgBNENMnT7JABIRIBzBLPMnPhEzERG2s2ve_W_Q_EvkQlCqPOggwwqZoPLVDU5pwPfRC76xqzouOAVo6AkX0HacCVqkX896xKPWjK1Rmk5SBWrbdw2E2PxgRsG1GLTkW9ldXAi6lPXcqI0XkpvWDLkFp5ULnEFD7S7VtcTB90/s320/spx-20240209w.png" width="320" /></a></div><br /><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgtQtzRYG4XNe5doBaCW2N2qXVUc5pPLOpOtgbS4coGlCX8Rubt5gJJzPKi0__6Cwl2_dMhhnUL8YM4C3UkV45upRQj-S0ZY3ENVsRis69l3Cf1FrtnAqCBT9IxcnS0leNSC6ksIw3CC6vylz2YDXj4tUH41wPDqXcqy12tD10wS2SyIXajKj-tenqbnjs/s990/spx-20240209s.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgtQtzRYG4XNe5doBaCW2N2qXVUc5pPLOpOtgbS4coGlCX8Rubt5gJJzPKi0__6Cwl2_dMhhnUL8YM4C3UkV45upRQj-S0ZY3ENVsRis69l3Cf1FrtnAqCBT9IxcnS0leNSC6ksIw3CC6vylz2YDXj4tUH41wPDqXcqy12tD10wS2SyIXajKj-tenqbnjs/s320/spx-20240209s.png" width="320" /></a></div><br />Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com0tag:blogger.com,1999:blog-3848075914573098014.post-6131720961553864552024-02-02T17:50:00.002-05:002024-02-02T17:50:22.757-05:00Weekend Update (2/2/24 Close)<p> Wave Five in progress. </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhzg1MWB3ZiJGkruFeBQKE_2yIJplpGSnNTS3XDrqIwACbcsZGptwWOOVTWwt9PQEsxKTX3UNnE4ctj1H1tPZ1RCG153AwbwDtOQKCxF7YEeF7MRVDlWBFVqmag9CI7DKpoIzG8tR_tV_BPCNPQz5xlMkmne5yJCb5hbxRM728PI8sdPFaSJVP1CMxuNuc/s850/SPX-20240202-M.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhzg1MWB3ZiJGkruFeBQKE_2yIJplpGSnNTS3XDrqIwACbcsZGptwWOOVTWwt9PQEsxKTX3UNnE4ctj1H1tPZ1RCG153AwbwDtOQKCxF7YEeF7MRVDlWBFVqmag9CI7DKpoIzG8tR_tV_BPCNPQz5xlMkmne5yJCb5hbxRM728PI8sdPFaSJVP1CMxuNuc/s320/SPX-20240202-M.png" width="320" /></a></div><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiUiCkbP5TUgP5WDsWfr-w4udRwnZK2PBRi9uM06UetweASM5Pyy419-UbWweiFxAa7FWVmz5UPlqevAfCuU6kAb9iWVWdA-dxB3iphRB3ouovzbFSeTTbVRdqJJrvYYvGe-IyVe8lU3AXQ0_WZWLeQ6eYEajfybA_hqQGNya1FO9dZ4-lVQclmSqswZyQ/s850/SPX-20240202-W.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiUiCkbP5TUgP5WDsWfr-w4udRwnZK2PBRi9uM06UetweASM5Pyy419-UbWweiFxAa7FWVmz5UPlqevAfCuU6kAb9iWVWdA-dxB3iphRB3ouovzbFSeTTbVRdqJJrvYYvGe-IyVe8lU3AXQ0_WZWLeQ6eYEajfybA_hqQGNya1FO9dZ4-lVQclmSqswZyQ/s320/SPX-20240202-W.png" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9pLtujjfP3qXLt0Nt8TsENsAgsiG_K5hKQNlvMEvayKhoLDpFJYYEdoBPLYHlICQRkitOOSiUcrj2F5Hi0GV6H0rF48D2gKalbdTz2etF3Cp3_qr1HdDspMZwVukazW3-t9fudv5rHFS13uftVFX2jfn5H529F6SmedfHVKZMRbT318lwdb8n65d6DzE/s850/SPX-20240202.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9pLtujjfP3qXLt0Nt8TsENsAgsiG_K5hKQNlvMEvayKhoLDpFJYYEdoBPLYHlICQRkitOOSiUcrj2F5Hi0GV6H0rF48D2gKalbdTz2etF3Cp3_qr1HdDspMZwVukazW3-t9fudv5rHFS13uftVFX2jfn5H529F6SmedfHVKZMRbT318lwdb8n65d6DzE/s320/SPX-20240202.png" width="320" /></a></div><br />Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com0tag:blogger.com,1999:blog-3848075914573098014.post-81024612244789455632024-01-14T11:42:00.002-05:002024-01-14T11:42:57.534-05:00Weekend Update (1/12/24 Close)<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjo7-ncpJv5gzY42qX_PjSHH5MjPhdcbJWBiY2jAf0sHWpFSqkD93FmLwo6qZDudt9A9eSnqDC0SlXS0GxoEJg9QfBw6Xye1czxPaQT8EHWov0l7T_AeK0aPvEMh5_0rMyA3If6VnajuFM43PheqAFwBAYHC1W3xM5kOHfOLTG2ksscYLyXdWlXy6Kz6to/s850/SPX-20240112W.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjo7-ncpJv5gzY42qX_PjSHH5MjPhdcbJWBiY2jAf0sHWpFSqkD93FmLwo6qZDudt9A9eSnqDC0SlXS0GxoEJg9QfBw6Xye1czxPaQT8EHWov0l7T_AeK0aPvEMh5_0rMyA3If6VnajuFM43PheqAFwBAYHC1W3xM5kOHfOLTG2ksscYLyXdWlXy6Kz6to/s320/SPX-20240112W.png" width="320" /></a></div><br /><p></p>Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com0tag:blogger.com,1999:blog-3848075914573098014.post-52887615460381600302023-08-11T18:25:00.003-04:002023-08-11T18:25:32.034-04:00MTU Weekend Ed - Lower Channel Line (8/11/23 close)<p> SPX is approaching the lower channel line off its March low and June/July support.</p><p><br /></p><div class="separator" style="clear: both; text-align: center;"></div><div class="separator" style="clear: both; text-align: center;"></div><div class="separator" style="clear: both; text-align: center;"></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjq-H-GGS08IrA8oQ5n_KA4jF5YFry3vtU-7wtZ42NePEEXu4Ryjvnj2s-_iX0ExJsseBTYHk5w4A_HlF8SGXCdsPcWm64_EWUXZcbirt81JDSSiZVoEx-Ul0pqfe3v5SKJTw8DU78HlCHnh26_nT1ZAy6jgxH9Ca08IRpwKB4D_1uAs1Vtx3FI-ozj6E/s990/SPX-20230811h.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjq-H-GGS08IrA8oQ5n_KA4jF5YFry3vtU-7wtZ42NePEEXu4Ryjvnj2s-_iX0ExJsseBTYHk5w4A_HlF8SGXCdsPcWm64_EWUXZcbirt81JDSSiZVoEx-Ul0pqfe3v5SKJTw8DU78HlCHnh26_nT1ZAy6jgxH9Ca08IRpwKB4D_1uAs1Vtx3FI-ozj6E/s320/SPX-20230811h.png" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEihaqeXzfdAPyctHVzzhNWXP8d9Qj2mebTfRxm7t62WalRjmPA5Szv4kZpo24pJaN9SCGDpwQ3RL1ZjkaxAIt3K5BW6MyxLjP2sF22e6rUciEnqhfBIdCWfZkjUehqSQmIZ4fJMwuH0pHL3-5Pv8lgLEGjbG-Ni_fMqRpzrMoXtkn1zFd-9eFicULTgt1s/s990/SPX-20230811sq.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEihaqeXzfdAPyctHVzzhNWXP8d9Qj2mebTfRxm7t62WalRjmPA5Szv4kZpo24pJaN9SCGDpwQ3RL1ZjkaxAIt3K5BW6MyxLjP2sF22e6rUciEnqhfBIdCWfZkjUehqSQmIZ4fJMwuH0pHL3-5Pv8lgLEGjbG-Ni_fMqRpzrMoXtkn1zFd-9eFicULTgt1s/s320/SPX-20230811sq.png" width="320" /></a></div><br /><p><br /></p>Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com5tag:blogger.com,1999:blog-3848075914573098014.post-20038681964309840282023-08-05T10:15:00.001-04:002023-08-05T10:15:05.956-04:00MTU Weekend Ed - Correcting (8/4/23 Close)<p>SPX is correcting the upswing from (at least) the March low. </p><p>The decline so far may be counted as <br />three waves down from the nominal high or a potential five-down from an orthodox high due to a failed small-degree 5th wave. </p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg6x0iVIDDjnnOUHa8MNq2yzjbouDfRFbEPeoNvKZz7hO-DROtcFHL0RnjjO04JOMbc2OpDgF9Y7vezp6FVUbbpXE8FM8hZL4Glx9vYWSfAaCbRvGpV5FXxatwhLBueU2hlEFrFm-lmA97Qa9zzb1ALvx2lJu5WuPIygguz5k9wzf5OJ52QAhCWdoW5Qxg/s850/SPX-20230804W.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg6x0iVIDDjnnOUHa8MNq2yzjbouDfRFbEPeoNvKZz7hO-DROtcFHL0RnjjO04JOMbc2OpDgF9Y7vezp6FVUbbpXE8FM8hZL4Glx9vYWSfAaCbRvGpV5FXxatwhLBueU2hlEFrFm-lmA97Qa9zzb1ALvx2lJu5WuPIygguz5k9wzf5OJ52QAhCWdoW5Qxg/s320/SPX-20230804W.png" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg6mTVpVXw3DysyEXLisTx6NkSvgUUuy9B58SYNVVhLJzxraxf9cZfDa88GENvL6qduHVih7sii6kVk-FpvgZgdM4tgDqg49X06b6bS3lYy0kaaYbuqjYfP0Iw0imt7MtAXUQnkFlMk9pzQo3iE2i8D7xMNXFgY4J321Q88UZOhlH4Pp2U6J-n2HIuflO8/s990/SPX-20230804.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg6mTVpVXw3DysyEXLisTx6NkSvgUUuy9B58SYNVVhLJzxraxf9cZfDa88GENvL6qduHVih7sii6kVk-FpvgZgdM4tgDqg49X06b6bS3lYy0kaaYbuqjYfP0Iw0imt7MtAXUQnkFlMk9pzQo3iE2i8D7xMNXFgY4J321Q88UZOhlH4Pp2U6J-n2HIuflO8/s320/SPX-20230804.png" width="320" /></a></div><br /><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgd-2ozDKeDG69sFX-QeI5Nha8qYrkUqD3UMuxkP6k5NtRu3k1pYtvAQNrCeWzDAMrtlDhPwhmvcCGXQgBWKKRS2wwwuitQn7-Jb5F3NhZ1rDU9KGiPZbPqDvsx0PbJfKvUNPbP9lIdTP3u8UJ6BPc9EOX45931TdNv1RpRdzHpObyjA1chWkoiGSSf8D8/s990/SPX-20230804sq.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgd-2ozDKeDG69sFX-QeI5Nha8qYrkUqD3UMuxkP6k5NtRu3k1pYtvAQNrCeWzDAMrtlDhPwhmvcCGXQgBWKKRS2wwwuitQn7-Jb5F3NhZ1rDU9KGiPZbPqDvsx0PbJfKvUNPbP9lIdTP3u8UJ6BPc9EOX45931TdNv1RpRdzHpObyjA1chWkoiGSSf8D8/s320/SPX-20230804sq.png" width="320" /></a></div><br />Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com0tag:blogger.com,1999:blog-3848075914573098014.post-49813886517558479082023-07-30T11:16:00.001-04:002023-07-30T11:16:26.464-04:00MTU Weekend Ed. - Base Channel (7/28/23 Close)<p>Since its ATH, SPX has likely seen 3 waves down and 3 waves up so far. </p><p>A potential base channel since the Oct 2022 low is now well defined. SPX is currently probing this base channel high. </p><p>If the advance since Oct 2022 is indeed an impulse, SPX should rise comfortably above this base channel. </p><p>If the advance is corrective, the base channel should be a formidable resistance. </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEirbH9T1ZoTeUdPWElmvo_hDdCSQPhOnElDtDayJAD2noI6YW8J0qvsQJx_mcY9UofEb6C0FCun3nS6SfCI9xNajm1El7iz26MHWO6-wnz-9oo-jkMpi44DTBhesI0U6Qb1DgdndV4b5i-joNeGEakyaPA1ne3S3Y1AvaCh9YPD16y-5JQr-QvRmQY1Pd0/s850/SPX-20230728w.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEirbH9T1ZoTeUdPWElmvo_hDdCSQPhOnElDtDayJAD2noI6YW8J0qvsQJx_mcY9UofEb6C0FCun3nS6SfCI9xNajm1El7iz26MHWO6-wnz-9oo-jkMpi44DTBhesI0U6Qb1DgdndV4b5i-joNeGEakyaPA1ne3S3Y1AvaCh9YPD16y-5JQr-QvRmQY1Pd0/s320/SPX-20230728w.png" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg3Ebx8mexZGWr56XJc_CX26hsyaXeoY8d8uFw2PGwJa5QQIvaiDF30YRknUQIX3yjRQCFYWNznvzRVBB2aPoDA5LwdIjZ1rhDqTtVL_4CQYyRwai42atOjIp-k-RQJZj7YnECABhQCOjWAz5PG0vqa63cQwKMcgB0HYpLk4ny7exFf-cTYYxgGH24QHhE/s990/SPX-20230728.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg3Ebx8mexZGWr56XJc_CX26hsyaXeoY8d8uFw2PGwJa5QQIvaiDF30YRknUQIX3yjRQCFYWNznvzRVBB2aPoDA5LwdIjZ1rhDqTtVL_4CQYyRwai42atOjIp-k-RQJZj7YnECABhQCOjWAz5PG0vqa63cQwKMcgB0HYpLk4ny7exFf-cTYYxgGH24QHhE/s320/SPX-20230728.png" width="320" /></a></div><br /><p><br /></p>Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com5tag:blogger.com,1999:blog-3848075914573098014.post-31883757707493844752023-07-22T12:43:00.003-04:002023-07-22T12:43:48.611-04:00MTU Weekend Ed - Structure II (7/21/23 close)<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJRCKzuHXSQt9RxzlkoWCZoidhirwJ7sL3DbuyAJdn0QVROCVafI7QuzVNB_ZH-9rQNUJtp8jhcOONfayUGEREdeu2N8W0ha1VifkK9duQf097-1hWeVRMqmZr92CSZ77zc9nWWlGmWf5j_2ZJp_C21mdrwINuGzls0xZI7QqjpAPaTma0HpGnuMtGI4E/s990/INDU-20230721.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJRCKzuHXSQt9RxzlkoWCZoidhirwJ7sL3DbuyAJdn0QVROCVafI7QuzVNB_ZH-9rQNUJtp8jhcOONfayUGEREdeu2N8W0ha1VifkK9duQf097-1hWeVRMqmZr92CSZ77zc9nWWlGmWf5j_2ZJp_C21mdrwINuGzls0xZI7QqjpAPaTma0HpGnuMtGI4E/s320/INDU-20230721.png" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg_MJalbWVzfrexmc_whyjG2IIy-oJTYBo4mcSyVBE34Pia91ms6m08nIuh48nu-ZvEmi4ftLVQofWh1Lex8qKx3S7goHw4GTDJwp0d5S6gX4pfJ0p-pSxB0wU2pkWKnf6GbIIdAR1sfcLvxz7fyosBIDTAZ_DJ20i6HxyslYZs5ob0wHhS65CELdsyJks/s850/SPX-20230721w.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg_MJalbWVzfrexmc_whyjG2IIy-oJTYBo4mcSyVBE34Pia91ms6m08nIuh48nu-ZvEmi4ftLVQofWh1Lex8qKx3S7goHw4GTDJwp0d5S6gX4pfJ0p-pSxB0wU2pkWKnf6GbIIdAR1sfcLvxz7fyosBIDTAZ_DJ20i6HxyslYZs5ob0wHhS65CELdsyJks/s320/SPX-20230721w.png" width="320" /></a></div><br /><p></p>Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com3tag:blogger.com,1999:blog-3848075914573098014.post-32728881891860646542023-07-15T14:09:00.003-04:002023-07-15T14:09:21.482-04:00MTU Weekend Ed. - Structure (7/14/23 close)<p>If this potential large wave FOUR in SPX is still in progress, it may be a triangle with its B wave around the current high, or a WXY structure with W at the May 2022 low and X around the current high. </p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg_Ib5dJPiIOgP--wmGldDEhbwpFN8lzIv3JnHvp2oT4ijXzI183v386LuOhEMLHQTJUfdCCpnWGQkORlB5jguO0ezWW2pMMwohY7xXBUV7zzR3dExR8J_DQAdU0a5QpgEJJH_nF0KUkw5ifyHHST5vbF-BYLEUL86vRz4JD-84cZ8NMMeEiPA27JiqrYw/s850/SPX-20230714m.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg_Ib5dJPiIOgP--wmGldDEhbwpFN8lzIv3JnHvp2oT4ijXzI183v386LuOhEMLHQTJUfdCCpnWGQkORlB5jguO0ezWW2pMMwohY7xXBUV7zzR3dExR8J_DQAdU0a5QpgEJJH_nF0KUkw5ifyHHST5vbF-BYLEUL86vRz4JD-84cZ8NMMeEiPA27JiqrYw/s320/SPX-20230714m.png" width="320" /></a></div> <p></p><p>The current high is at upper line of a (potential base-) channel from the Oct 2022 low. A more meaningful reaction is likely. <br /></p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjTtVHRkMKPAaz74SlY4jZ5VWMXVZM3sPe-xfSzwuMFYVZpufat-aDmF7meRlgmSDMvLj9ELMKDbhQ1ItAKoorn6454bGM7bGItY-7Go-EtAIGWlaYfsPqhVnkUtEXnldqSJpBDvtR5oq8G5xxj3mhwS_lnGEHAAhl-GoP4rDgQhCh55rtK0P0bEwMDlzE/s850/SPX-20230714w.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjTtVHRkMKPAaz74SlY4jZ5VWMXVZM3sPe-xfSzwuMFYVZpufat-aDmF7meRlgmSDMvLj9ELMKDbhQ1ItAKoorn6454bGM7bGItY-7Go-EtAIGWlaYfsPqhVnkUtEXnldqSJpBDvtR5oq8G5xxj3mhwS_lnGEHAAhl-GoP4rDgQhCh55rtK0P0bEwMDlzE/s320/SPX-20230714w.png" width="320" /></a></div>Squiggles<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiYfwI3387ZI0IvX6wwVE8QaudkDNk__P6MysECojNcDgAdgG7UXcVUrO2LZc7SFweHGcq4RXsTMj0Lp8R4kYnu0t8_Qc7ADV7hluGdgd4eYmJ7iu9mCMipF89EJ83DDaJV4AkR4oyrrMJOLesP2zKQazqgTBu5qesEh6afvLomTo6eUo4x7Iwl_woTlwM/s990/SPX-20230714.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiYfwI3387ZI0IvX6wwVE8QaudkDNk__P6MysECojNcDgAdgG7UXcVUrO2LZc7SFweHGcq4RXsTMj0Lp8R4kYnu0t8_Qc7ADV7hluGdgd4eYmJ7iu9mCMipF89EJ83DDaJV4AkR4oyrrMJOLesP2zKQazqgTBu5qesEh6afvLomTo6eUo4x7Iwl_woTlwM/s320/SPX-20230714.png" width="320" /></a></div><br /><p><br /></p>Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com0tag:blogger.com,1999:blog-3848075914573098014.post-52547700672604330682023-07-08T09:41:00.003-04:002023-07-08T09:41:27.598-04:00MTU Weekend Ed - Minor Consolidation (7/7/23 close)<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhmEj7ixc3Bn7KXaN9sjMiww049WNtjOio3p8GpwSa_XiiHPIHr0ZMFcy2zG7Po63N14fqboflbHt97IFffkcQUzZR2azvoBlTl2ki2wZTdPI_IJBGwhIKx2vlfR54RqkkPl68Ng4BjkIZt_9CSLfu9U-su_P4pYcM9ANoYsW9bxAZDEQjkkI7HOM_gTVg/s990/SPX-20230707.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhmEj7ixc3Bn7KXaN9sjMiww049WNtjOio3p8GpwSa_XiiHPIHr0ZMFcy2zG7Po63N14fqboflbHt97IFffkcQUzZR2azvoBlTl2ki2wZTdPI_IJBGwhIKx2vlfR54RqkkPl68Ng4BjkIZt_9CSLfu9U-su_P4pYcM9ANoYsW9bxAZDEQjkkI7HOM_gTVg/s320/SPX-20230707.png" width="320" /></a></div><br /><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjU8V8i1FuHOH2apB7GDJhjb4rqG0vnN-4annKETExOXiKSBvsB16nz1WqIjZ0VB5gwXeC2YVhlv6ENUJc6MLrMPJZm0pVOFO33p2AuU26DkZxz8ZrWCvs3IQSCkz6CvJrNO1UH0osios2QFTK-AzKBcixXyCEkB9ujX1LjaNTs-IGpAqpLuhrzAIvEvKI/s850/SPX-20230707w.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjU8V8i1FuHOH2apB7GDJhjb4rqG0vnN-4annKETExOXiKSBvsB16nz1WqIjZ0VB5gwXeC2YVhlv6ENUJc6MLrMPJZm0pVOFO33p2AuU26DkZxz8ZrWCvs3IQSCkz6CvJrNO1UH0osios2QFTK-AzKBcixXyCEkB9ujX1LjaNTs-IGpAqpLuhrzAIvEvKI/s320/SPX-20230707w.png" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhbUTwdBiUe_EntJbBjyjIBny88LzPeFGkMB_HqC9ccUV2bfn5vdv-rYVXKt3dJl616HYgzy7YlmaixDwkwH-zn4rlgUut9zyEvR8iDXmSPLe_5sy46g032YA5dF97uzvzhlInYwVjC11srYY92v5QPBmplBwV3B34sW8p1mYBcVf5LFkXcqEWvC602aMk/s990/INDU-20230707.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhbUTwdBiUe_EntJbBjyjIBny88LzPeFGkMB_HqC9ccUV2bfn5vdv-rYVXKt3dJl616HYgzy7YlmaixDwkwH-zn4rlgUut9zyEvR8iDXmSPLe_5sy46g032YA5dF97uzvzhlInYwVjC11srYY92v5QPBmplBwV3B34sW8p1mYBcVf5LFkXcqEWvC602aMk/s320/INDU-20230707.png" width="320" /></a></div><br />Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com0tag:blogger.com,1999:blog-3848075914573098014.post-44749609460980824732023-07-02T12:41:00.002-04:002023-07-02T12:41:09.014-04:00MTU Weekend Ed. - Quarter End (6/30/23 close)<p>SPX is likely to react at the upper channel line (Chart 1) or consolidate towards a lesser-degree lower channel line (Chart 2).</p><p>SPX is up 15.91% year to date (excluding dividends). It's possible to view the Dow and SPX being aligned again (not the only scenario), sharing an ABC-down-ABC-up structure from the 2022 ATH, SPX and INDU (Chart 3).</p><p></p>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj6GqdkMff88u6yZ6aMhTpJUyD38AKCp8lApBdqNOmY-OrRrpnRom3htK6PrliUec-lvIVAtNZIUznBGTL5sBxQFjMY56pbeqzaX_d8hZCGTllPbYNMCjPl43af0FrZC4bjVosMwolTpzH06qx7dsIWxwJjdlXC6eZrzHZFnFUwgMgiYubUn1rJkHV9cPg/s850/SPX-20230630w.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj6GqdkMff88u6yZ6aMhTpJUyD38AKCp8lApBdqNOmY-OrRrpnRom3htK6PrliUec-lvIVAtNZIUznBGTL5sBxQFjMY56pbeqzaX_d8hZCGTllPbYNMCjPl43af0FrZC4bjVosMwolTpzH06qx7dsIWxwJjdlXC6eZrzHZFnFUwgMgiYubUn1rJkHV9cPg/s320/SPX-20230630w.png" width="320" /></a></div><br /><p>
</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8BGM_yyVm-KJEb1lFgwxr5np8gwDSjndO3MY_rjIsOgf6jlLNVUchzz-tQFmov8wCjhr8e5sNE7wThjBwA8gFCzdWeepcyQPW65FnxEJ4NmYxIqUulYlPHBvd0VNUwhVNnoq_BKMOJFlpM43UJ-6Kd2Qt4UzY9-NYw028LPythAVnK0f_WzUhdRU-EsQ/s990/SPX-20230630.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8BGM_yyVm-KJEb1lFgwxr5np8gwDSjndO3MY_rjIsOgf6jlLNVUchzz-tQFmov8wCjhr8e5sNE7wThjBwA8gFCzdWeepcyQPW65FnxEJ4NmYxIqUulYlPHBvd0VNUwhVNnoq_BKMOJFlpM43UJ-6Kd2Qt4UzY9-NYw028LPythAVnK0f_WzUhdRU-EsQ/s320/SPX-20230630.png" width="320" /></a></div><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZLnpkcq4Knq0zi9_0mILC8r2JzKVylt1-3Mp_M4t5mlyeDERC5TmBX1RiCvS8BrEMNaIOsY74nNXjzUuweugbTv6rHWfQpuBGW_-5AwjiarWYiToJBsSVE0m88pCM1PYPSCNK83yk_j97NiBVq4QyeBYgCVrun1ANhXm15PZiQINowOyeLAUkZSNkfto/s990/INDU-20230630.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZLnpkcq4Knq0zi9_0mILC8r2JzKVylt1-3Mp_M4t5mlyeDERC5TmBX1RiCvS8BrEMNaIOsY74nNXjzUuweugbTv6rHWfQpuBGW_-5AwjiarWYiToJBsSVE0m88pCM1PYPSCNK83yk_j97NiBVq4QyeBYgCVrun1ANhXm15PZiQINowOyeLAUkZSNkfto/s320/INDU-20230630.png" width="320" /></a></div><br /><p><br /></p><p><br /></p><p><br /></p><p><br /></p>
<p></p>Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com0tag:blogger.com,1999:blog-3848075914573098014.post-39464539101699442172023-06-24T10:27:00.003-04:002023-06-24T10:27:19.489-04:00MTU Weekend Ed - Reaction (6/23/23 Close)<p> SPX is pulling back within the channel after a 4-week run. </p><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEirwbZ1BMEdn4tVEjTKxZgLZfDQ_BQxht4gyuj9_hTWUH1vZHHMjDp0VB7uRB_VZ-9iZ9A73WmS0RDLoigRGs4hfCAqk-lJHwEIz7kIs7iinVnwrShoEv5S_fNSE6qterSiCUw_XpSUHMaiQM0djaryWFJEtUZSCZMGZpimefo_aT_8PGsSjywJ_nHEN34/s850/SPX-20230624w.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEirwbZ1BMEdn4tVEjTKxZgLZfDQ_BQxht4gyuj9_hTWUH1vZHHMjDp0VB7uRB_VZ-9iZ9A73WmS0RDLoigRGs4hfCAqk-lJHwEIz7kIs7iinVnwrShoEv5S_fNSE6qterSiCUw_XpSUHMaiQM0djaryWFJEtUZSCZMGZpimefo_aT_8PGsSjywJ_nHEN34/s320/SPX-20230624w.png" width="320" /> </a></div><div class="separator" style="clear: both; text-align: center;"> </div><div class="separator" style="clear: both; text-align: center;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiL0XEHRwRnpC6xd7z95nkNYRJRtTpIpCj5l5dLmwG6jWP0jwiGUVcANh_BxhYwyekneerengiQHrKduA1oMP4CWHsUfnMo4LAIN9gieZfJHKUxwVeb121wK7a0KMbPO4MaRekbQ53Njwnh5zuYR9xtPd_esph5LQcsu3M3hEfxdfBV-j6gTG8T4l4yhyc/s990/SPX-20230624.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiL0XEHRwRnpC6xd7z95nkNYRJRtTpIpCj5l5dLmwG6jWP0jwiGUVcANh_BxhYwyekneerengiQHrKduA1oMP4CWHsUfnMo4LAIN9gieZfJHKUxwVeb121wK7a0KMbPO4MaRekbQ53Njwnh5zuYR9xtPd_esph5LQcsu3M3hEfxdfBV-j6gTG8T4l4yhyc/s320/SPX-20230624.png" width="320" /></a></div><br /> </div><br />Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com2tag:blogger.com,1999:blog-3848075914573098014.post-5222776929266941592023-06-17T10:13:00.002-04:002023-06-17T10:13:49.818-04:00MTU Weekend Ed - Channel (6/16/23 close)<p>(From last week) - "SPX has remained above major resistance for a second week, but the upswing since Oct 2022 has also remained in channel."</p><p>Now, SPX is probing the channel. </p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhAHAeO6m-I1xFja7YQsbFjdFWlv0KQAhLb1huhzWnVPcyLNdTcpGKiddQewR4Yg6VWZt9g7h1ys5Qz5rMaOvOCRLTELQbbPMh6IpEzn3oTSPJGzS-mwU6wFUon_T2NFH34Rk6GwjDqN6fk05vf4FABgS4fJHwNZv06LAsuvVDyWMjTQ-R7YFQNqktD/s850/SPX-20230616w.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhAHAeO6m-I1xFja7YQsbFjdFWlv0KQAhLb1huhzWnVPcyLNdTcpGKiddQewR4Yg6VWZt9g7h1ys5Qz5rMaOvOCRLTELQbbPMh6IpEzn3oTSPJGzS-mwU6wFUon_T2NFH34Rk6GwjDqN6fk05vf4FABgS4fJHwNZv06LAsuvVDyWMjTQ-R7YFQNqktD/s320/SPX-20230616w.png" width="320" /></a></div> <div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgfkszCO2OSJQM-H5a9QqY2Sy5Jtth89oExFWvcm4KzvV0e5P69kNkebQ2WduPv_ntqv6tvD7FspFGMgW0eeVmSN0rkmdtFy3DsjhwV_Ry-w2po0KjjSsXXNH6mjuoiufaXKGFi7N_2EnkpQatv55D_dykYjrxNbWmO1tOLHGD1MQNKOBhVlJjpgwr2/s990/SPX-20230616s.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgfkszCO2OSJQM-H5a9QqY2Sy5Jtth89oExFWvcm4KzvV0e5P69kNkebQ2WduPv_ntqv6tvD7FspFGMgW0eeVmSN0rkmdtFy3DsjhwV_Ry-w2po0KjjSsXXNH6mjuoiufaXKGFi7N_2EnkpQatv55D_dykYjrxNbWmO1tOLHGD1MQNKOBhVlJjpgwr2/s320/SPX-20230616s.png" width="320" /></a></div><br /><br /><p></p>Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com4tag:blogger.com,1999:blog-3848075914573098014.post-43852326680954308592023-06-10T10:12:00.004-04:002023-06-10T10:12:27.360-04:00MTU Weekend Ed - Resistance and Channel (6/9/23)<p>SPX has remained above major resistance for a second week, but the upswing since Oct 2022 has also remained in channel (Chart 1), so far. Three waves up since Oct 2022. Three waves up since the March low - perhaps can be counted as a single five since the March low (Chart 2 blue)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg6Vm-Ps7SfNYWfHrqwn1U7JXB1zNhPsYnl0E2P4XJYN8F-X3ux0rcjxU8yrN6LdZhy6b1mZODzt__U57GWAV-rhqxjodLOOXOupEJRiFhHKiD6iXPb7iuvpnHC1d_mpBOk7qLICibgWYiTwejRb83zSiUo3XCpUIA96ZD4K9Q_Ug4t0_uPhs22IocZ/s850/SPX-20230609w.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg6Vm-Ps7SfNYWfHrqwn1U7JXB1zNhPsYnl0E2P4XJYN8F-X3ux0rcjxU8yrN6LdZhy6b1mZODzt__U57GWAV-rhqxjodLOOXOupEJRiFhHKiD6iXPb7iuvpnHC1d_mpBOk7qLICibgWYiTwejRb83zSiUo3XCpUIA96ZD4K9Q_Ug4t0_uPhs22IocZ/s320/SPX-20230609w.png" width="320" /></a></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg4R9DYNMTqgiFAlHFahA9lDrIY7XKkO-nB6Debxfeum7iAb-zEmfS9XJfz9NwR0lIL3UIDnqt9Y4H2h6_4V0Gxz9K2QRBkHqCQN-n_Oyf0yqHppsEv-JjRZI__PwUBzcfh9XERID8rkodbJFmrutxnNswUhk1FP814xzWtk6nEtFQPMevLCs-GSoY8/s1190/SPX-20230609.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="1190" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg4R9DYNMTqgiFAlHFahA9lDrIY7XKkO-nB6Debxfeum7iAb-zEmfS9XJfz9NwR0lIL3UIDnqt9Y4H2h6_4V0Gxz9K2QRBkHqCQN-n_Oyf0yqHppsEv-JjRZI__PwUBzcfh9XERID8rkodbJFmrutxnNswUhk1FP814xzWtk6nEtFQPMevLCs-GSoY8/s320/SPX-20230609.png" width="320" /></a></div><br />Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com2tag:blogger.com,1999:blog-3848075914573098014.post-72574475336212356902023-06-02T17:15:00.002-04:002023-06-02T17:15:48.443-04:00MTU Weekend Ed. - Closed over Resistance Zone (6/2/23 close)<p>SPX finally closed over its key resistance zone, which has reined in advances since the Oct 2022 bottom. </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjbTVtnsyDEVvjig9Qhehg6HGXpKEXxUKkyFqFbyHgX5lWktoxnd7bk-5CreQ0kS9qkYiZrJM6Hhb5KWTp97DUklEvZ58Ev1yqG8ky7_jdPZSQNkV8SeXePGZfRQXH5a6l01kTDDnyvtOFLSg-qBPobHxeC7RzB9Md-BYK3zJbcFDCaKkTu7oV5HWr9/s850/SPX-20230602.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjbTVtnsyDEVvjig9Qhehg6HGXpKEXxUKkyFqFbyHgX5lWktoxnd7bk-5CreQ0kS9qkYiZrJM6Hhb5KWTp97DUklEvZ58Ev1yqG8ky7_jdPZSQNkV8SeXePGZfRQXH5a6l01kTDDnyvtOFLSg-qBPobHxeC7RzB9Md-BYK3zJbcFDCaKkTu7oV5HWr9/s320/SPX-20230602.png" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgAoTHiOxlMumXtbMb9yO2moA1P_jzLDw9H8bEfwXdfKPOpBYtBA8ZrQPNMqWpUzqmiWSCCAphDYijjFRofhYMiVVhIAHG4w4SnELbriTB7y1pcXMC5RV5yF-MixahXa9GM3HQO3dPE287QpzDF7mOEyULKoxbDM3IovAvDeLeEO4kJ6OwH-obXLHuS/s1190/SPX-20230602s.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="1190" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgAoTHiOxlMumXtbMb9yO2moA1P_jzLDw9H8bEfwXdfKPOpBYtBA8ZrQPNMqWpUzqmiWSCCAphDYijjFRofhYMiVVhIAHG4w4SnELbriTB7y1pcXMC5RV5yF-MixahXa9GM3HQO3dPE287QpzDF7mOEyULKoxbDM3IovAvDeLeEO4kJ6OwH-obXLHuS/s320/SPX-20230602s.png" width="320" /></a></div><br /><p><br /></p>Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com3tag:blogger.com,1999:blog-3848075914573098014.post-27928279109175368192023-05-27T11:11:00.000-04:002023-05-27T11:11:06.936-04:00MTU Weekend Ed. - Update (5/26/23)<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEik9r1uCLN_5fGwUfG1OqWe2blM4n458lhqhGt07z5rdrlZb89alcS4R001CG1_d1HOLXyW34Rsr1_eFbOIkRGrOEGf0uAv4PgytZI3UHNL_UXlCp4e1HIPbp9RnPZ98s4nkz8w6QtQ1aSDUNhIS1wrYTLTyak5r0uAL6qHxIOeNP1G3vdOCaa7LYE7/s850/SPX-20230526W.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEik9r1uCLN_5fGwUfG1OqWe2blM4n458lhqhGt07z5rdrlZb89alcS4R001CG1_d1HOLXyW34Rsr1_eFbOIkRGrOEGf0uAv4PgytZI3UHNL_UXlCp4e1HIPbp9RnPZ98s4nkz8w6QtQ1aSDUNhIS1wrYTLTyak5r0uAL6qHxIOeNP1G3vdOCaa7LYE7/s320/SPX-20230526W.png" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiaPn4__ZM4rO7mgHgqQ_vq31cIOFtea3rRY88vSBQ79ikvbU9iBsPznNUdq-zl13PLnvZ7W4HJMSDiMejBF0esGKI5boiRXt7PcPqxel8xbvJV6PxYsepiiy5d0Gel0Di871jXdxyS0z59IzmAWeZ4Nttd_gUmoWU_7Iun49wfVx7l68ZWEwOn19Sk/s1190/SPX-20230526.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="1190" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiaPn4__ZM4rO7mgHgqQ_vq31cIOFtea3rRY88vSBQ79ikvbU9iBsPznNUdq-zl13PLnvZ7W4HJMSDiMejBF0esGKI5boiRXt7PcPqxel8xbvJV6PxYsepiiy5d0Gel0Di871jXdxyS0z59IzmAWeZ4Nttd_gUmoWU_7Iun49wfVx7l68ZWEwOn19Sk/s320/SPX-20230526.png" width="320" /></a></div><br /><p></p>Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com0tag:blogger.com,1999:blog-3848075914573098014.post-61031838085347034772023-05-19T16:38:00.003-04:002023-05-19T16:38:23.407-04:00MTU Weekend Ed. - The Zone (5/19/23)<p>SPX is probing the top of its resistance zone, closed above the Feb 2022 low and slightly shy of the Jan 2022 low (Chart 1)</p><p>A reaction (down) from current levels could be labeled as a reversal from an ending expanding triangle or wave C-down of an expanded flat (Chart 2)</p><p>Chart 3 updates the larger tracking scenarios. </p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjR3ONs1wcsJaM1LYO_ahqTaNXQljMdCxbVoZmezEqN5Dn0RssvipZw9jJ80ZCs6Y_DKV52ZS7JddfArbtWlHav2uGWSibSJH9GK5K9xdUw5AMuShZpyUgPKoVUncR-mMUXzScbBmJAaDijymWCpnl5xqqITlbHMWswhpt7jpyN34fR434oOGhCcVkq/s850/SPX-20230519zone.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjR3ONs1wcsJaM1LYO_ahqTaNXQljMdCxbVoZmezEqN5Dn0RssvipZw9jJ80ZCs6Y_DKV52ZS7JddfArbtWlHav2uGWSibSJH9GK5K9xdUw5AMuShZpyUgPKoVUncR-mMUXzScbBmJAaDijymWCpnl5xqqITlbHMWswhpt7jpyN34fR434oOGhCcVkq/s320/SPX-20230519zone.png" width="320" /></a></div><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhHygrWZvx3ZoXHKTQMsl0ddCDsz3uutOuUUt5dKDKjjvrLp9uxe3VYsX4WMixGvh_Nu5d3t2wc_nYE7spTEESr_XbiryehtqKH3RJ7KTCCRFE5oj9NaTsDU9IOIf6j4RCPv_e0mmuQ3ImnEUF1zf4Kymp3QMPFv1qcHQJMgKBPp5oR8dB8k8s863O_/s1190/SPX-20230519s.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="1190" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhHygrWZvx3ZoXHKTQMsl0ddCDsz3uutOuUUt5dKDKjjvrLp9uxe3VYsX4WMixGvh_Nu5d3t2wc_nYE7spTEESr_XbiryehtqKH3RJ7KTCCRFE5oj9NaTsDU9IOIf6j4RCPv_e0mmuQ3ImnEUF1zf4Kymp3QMPFv1qcHQJMgKBPp5oR8dB8k8s863O_/s320/SPX-20230519s.png" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJu10yNmifH-6_PvuRfU-XFCGMho1b_sFQzKQtsmfhvGsEd2y38S7iz_s8P3lmFv2OjuItUnASFntiBMp5OHJPPBT84zi0KPWP1Orm2G8gQhwDvbO0-uQdE--0dhB-EjD9_ASAaIFIvXKyY6Laqq_vnqAx15EdOU_P4hL_TKpZN9Nt89lZI8l2qube/s850/SPX-20230519.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJu10yNmifH-6_PvuRfU-XFCGMho1b_sFQzKQtsmfhvGsEd2y38S7iz_s8P3lmFv2OjuItUnASFntiBMp5OHJPPBT84zi0KPWP1Orm2G8gQhwDvbO0-uQdE--0dhB-EjD9_ASAaIFIvXKyY6Laqq_vnqAx15EdOU_P4hL_TKpZN9Nt89lZI8l2qube/s320/SPX-20230519.png" width="320" /></a></div><br />Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com5tag:blogger.com,1999:blog-3848075914573098014.post-19843252009383812972023-05-13T14:36:00.006-04:002023-05-14T12:22:00.924-04:00MTU Weekend Ed. - Two Trianges (2) (5/12/23 close)<p>Potential triangles update - INDU did a post-triangle deep retrace to probe the small triangle boundary while SPX consolidated at a higher level. </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjgziI318s2euCFMBm5engk6qMdi0l_xVt0jdJZ5QMyVZrliaUnIqezRrKPfmgoq5bScfQvwRh-btEzNgGTIl7eiIRw8quA1bhotJQQOqnAFFts68DkvK5CCfDqgKofaQC9VZD7nBB6R8QimfxtTjHkTslLGrAvrIYucZl1GcF1qO8Cq6LkL3c8ZmpW/s850/indu-20230512tri.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjgziI318s2euCFMBm5engk6qMdi0l_xVt0jdJZ5QMyVZrliaUnIqezRrKPfmgoq5bScfQvwRh-btEzNgGTIl7eiIRw8quA1bhotJQQOqnAFFts68DkvK5CCfDqgKofaQC9VZD7nBB6R8QimfxtTjHkTslLGrAvrIYucZl1GcF1qO8Cq6LkL3c8ZmpW/s320/indu-20230512tri.png" width="320" /></a></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1zIgFuPLRWyzNNwqjB_JZmHWuiSXYAMyJWG1mavfcObMXswUS2BO2L87cjvwtuAo8nFinKPf38eyaga6CxWJoxM517KLVQrCsfNx-Bralv-ehR7Wk3W6EIlUSpk980G-4ICroFRPOXpHgG_0lCNMmd9bXNjbhHz7uKXlFraNfoTIAFu4vZHjL6pvr/s850/SPX-20230512tri.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1zIgFuPLRWyzNNwqjB_JZmHWuiSXYAMyJWG1mavfcObMXswUS2BO2L87cjvwtuAo8nFinKPf38eyaga6CxWJoxM517KLVQrCsfNx-Bralv-ehR7Wk3W6EIlUSpk980G-4ICroFRPOXpHgG_0lCNMmd9bXNjbhHz7uKXlFraNfoTIAFu4vZHjL6pvr/s320/SPX-20230512tri.png" width="320" /></a></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj_TY4Ai5fU8MiVV_9ak-hDYDY6-B2qvZlXPC48xic3GgU_Vs2cd2I6GTpvMND3vHX0sT4ysAjd2sdoLFu7-pJOOKIzyEG-yf1aEf6qHJfmzTnUszx9kszyAGmphtkkCfMOTUVsHinsUpwfBud7jtwgCI0DKyF1YD1VsdeTKVhLBd9fbDCg63qJri3m/s850/SPX-20230512w.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj_TY4Ai5fU8MiVV_9ak-hDYDY6-B2qvZlXPC48xic3GgU_Vs2cd2I6GTpvMND3vHX0sT4ysAjd2sdoLFu7-pJOOKIzyEG-yf1aEf6qHJfmzTnUszx9kszyAGmphtkkCfMOTUVsHinsUpwfBud7jtwgCI0DKyF1YD1VsdeTKVhLBd9fbDCg63qJri3m/s320/SPX-20230512w.png" width="320" /></a></div><p></p><p>Long term NDX tracking</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZrMGUoBzm-Iuyzap_c0VwW2M1YDiRaWTSKcbNp1kPm_r88x6ts0Ogu6llziyQTWuvwi1xDQAbUKkPWB1lNV2EIMKnBcaLhg42-y_hbcN-JhZ2Le4-csMlZrFentrZ0s99CR6-cHh4PGXvThToS_uQ9kBqt3yxOo_bt4zHYoD199IFdwhsh5a_ecYT/s850/NDX-20230512log.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZrMGUoBzm-Iuyzap_c0VwW2M1YDiRaWTSKcbNp1kPm_r88x6ts0Ogu6llziyQTWuvwi1xDQAbUKkPWB1lNV2EIMKnBcaLhg42-y_hbcN-JhZ2Le4-csMlZrFentrZ0s99CR6-cHh4PGXvThToS_uQ9kBqt3yxOo_bt4zHYoD199IFdwhsh5a_ecYT/s320/NDX-20230512log.png" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhk1-bSAOdnNxctwUJO3ezTVNNJzDhU5oXxE72j9mC0cXnhCqscLhohDr-T1pqIWi7lmBPXFEj2XoMwiW-Y_q0l78J2OE3ODQhka5WWOQMsQzj1MVGqsSdawu1BGbTrUGIr7G1-scxdww1LgkDCqHMlePHGKkV5Gzv3WHtJWenRkOy69kSPKnHU-X-4/s850/NDX-20230512nonlog.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhk1-bSAOdnNxctwUJO3ezTVNNJzDhU5oXxE72j9mC0cXnhCqscLhohDr-T1pqIWi7lmBPXFEj2XoMwiW-Y_q0l78J2OE3ODQhka5WWOQMsQzj1MVGqsSdawu1BGbTrUGIr7G1-scxdww1LgkDCqHMlePHGKkV5Gzv3WHtJWenRkOy69kSPKnHU-X-4/s320/NDX-20230512nonlog.png" width="320" /></a></div><br /> <p></p><p><br /></p>Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com7tag:blogger.com,1999:blog-3848075914573098014.post-1847440863296384392023-05-06T11:13:00.004-04:002023-05-06T11:13:47.087-04:00MTU Weekend Ed. - Two Triangles (5/6/23)<p>Two triangles, both potentially bullish (chart 1 SPX, chart 2 INDU), and how they potentially fit into the larger structure (chart 3 SPX)<br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhC-aVxbsNv94ugO32D7kwzXGkZWiAw1NjitAyoenSggnkWsoMGUi3dmLoGFuOoE01sv1tYtR_-fxPl0Ax2g4lJzOPSFNecF3NGA-SynwwvX1HQB0wLAAyAHHr2HG7YN9_MpRMfgGY_ZC6UJN7iEqsD_6H736TOfB8djqSk75iSRrW5eCLMgkrlnsGn/s850/SPX-20230505tri.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhC-aVxbsNv94ugO32D7kwzXGkZWiAw1NjitAyoenSggnkWsoMGUi3dmLoGFuOoE01sv1tYtR_-fxPl0Ax2g4lJzOPSFNecF3NGA-SynwwvX1HQB0wLAAyAHHr2HG7YN9_MpRMfgGY_ZC6UJN7iEqsD_6H736TOfB8djqSk75iSRrW5eCLMgkrlnsGn/s320/SPX-20230505tri.png" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhmYG29j8WXgcuwi5mRPDJufakH0Mq7ylOn7XU6Nrl2XT02K11fgkeMU-E1JN474xnYNgJI5qAp5E9v75ALnoSPyeiiQyhrhwamwGdp7a2T6IFFW3IqVz-z09jtRGzfmIYd0CICATYr6cNA_lMNaJLFgpew8F8Sbwt8ou_p_Gcm-HZcj9Y3oisMut0b/s850/indu-20230505tri.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhmYG29j8WXgcuwi5mRPDJufakH0Mq7ylOn7XU6Nrl2XT02K11fgkeMU-E1JN474xnYNgJI5qAp5E9v75ALnoSPyeiiQyhrhwamwGdp7a2T6IFFW3IqVz-z09jtRGzfmIYd0CICATYr6cNA_lMNaJLFgpew8F8Sbwt8ou_p_Gcm-HZcj9Y3oisMut0b/s320/indu-20230505tri.png" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZWk-rqFldSaA7DgQ3lCQBsouECK9OIuyHbRydDfy-NHk6ZgVhVJk9km4Njg7gbvmZh-8USDlFY4oH4RmIVqAi5DgVmT3AtDgrVrpuvYfivsaZDxDiD4rnEkzOGkCvFXTEqe3-arhZSS9ZrVpTxI0NL93s4f-VpChEuQiQHeIhB_WijZkuQcXqjRjJ/s850/SPX-20230505w.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZWk-rqFldSaA7DgQ3lCQBsouECK9OIuyHbRydDfy-NHk6ZgVhVJk9km4Njg7gbvmZh-8USDlFY4oH4RmIVqAi5DgVmT3AtDgrVrpuvYfivsaZDxDiD4rnEkzOGkCvFXTEqe3-arhZSS9ZrVpTxI0NL93s4f-VpChEuQiQHeIhB_WijZkuQcXqjRjJ/s320/SPX-20230505w.png" width="320" /></a></div><br />Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com6tag:blogger.com,1999:blog-3848075914573098014.post-44582822885573821882023-04-29T18:30:00.004-04:002023-04-29T18:30:39.986-04:00MTU Weekend Ed. - Probing [4/28/23 close]<p>SPX is making another attempt at the resistance zone, from yet another higher low. A breakout is likely. The question is whether it is the middle part of a larger impulse (wave FIVE-up) or the ending part of a correction (wave B-up) - since key options regarding the larger structure have remained unchanged. </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjpdK6neYeijqNusiqGbluNRhI2ez3qLEx2GTwitng1-YsSXwSech35DxrmPhFIkwkhaZMaqK4GEKQ0ioQHzRYNtOoRZpqOoUCSO5p3aYaswMf6AMS5kUPpbzg72uw9h-20z1x7ayyWlQiW4xqWQJfHjgyzz6w9coiREDF7dMgtUyPhDtFfoCPvFkjR/s850/SPX-20230428M.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjpdK6neYeijqNusiqGbluNRhI2ez3qLEx2GTwitng1-YsSXwSech35DxrmPhFIkwkhaZMaqK4GEKQ0ioQHzRYNtOoRZpqOoUCSO5p3aYaswMf6AMS5kUPpbzg72uw9h-20z1x7ayyWlQiW4xqWQJfHjgyzz6w9coiREDF7dMgtUyPhDtFfoCPvFkjR/s320/SPX-20230428M.png" width="320" /></a></div><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgA5fccbMto_rz24nRISmS2oekd08VSd3W5tv3J94b3K1TBO4ICQjIdt9IThSrBennrXZu__osJ4FSg8hbMyax4zqfuG0BNzhKkd6UTtgG16BC2uFv3qtbPQ1cwGyMc4dvPqF9oy14LoEP6_EetG8dqLBXgZ-J5MSXAx0ArRbhifmFiXcRVrMPaLOWl/s850/SPX-20230428w.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgA5fccbMto_rz24nRISmS2oekd08VSd3W5tv3J94b3K1TBO4ICQjIdt9IThSrBennrXZu__osJ4FSg8hbMyax4zqfuG0BNzhKkd6UTtgG16BC2uFv3qtbPQ1cwGyMc4dvPqF9oy14LoEP6_EetG8dqLBXgZ-J5MSXAx0ArRbhifmFiXcRVrMPaLOWl/s320/SPX-20230428w.png" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi5z2gm_tVZ0rYeyGUV1YBmdqW8pjodr6WE5y03O_rfeAcA1r1E5FKBrePTNU9sGDrfdtf-xL6p2-2uY94usdDnxdJlPUysRsa-0lSFbzCRDi7FWQfsfAQsuir-z0TQRSqPdtIRSSCO-pOa2UTGJCQmVvXprAekSKG_Far9CZGdrWL0EA2Vzs_NU9lM/s990/SPX-20230428.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi5z2gm_tVZ0rYeyGUV1YBmdqW8pjodr6WE5y03O_rfeAcA1r1E5FKBrePTNU9sGDrfdtf-xL6p2-2uY94usdDnxdJlPUysRsa-0lSFbzCRDi7FWQfsfAQsuir-z0TQRSqPdtIRSSCO-pOa2UTGJCQmVvXprAekSKG_Far9CZGdrWL0EA2Vzs_NU9lM/s320/SPX-20230428.png" width="320" /></a></div><br />Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com3tag:blogger.com,1999:blog-3848075914573098014.post-2824877370926867452023-04-22T09:38:00.001-04:002023-04-22T09:38:03.077-04:00MTU Weekend Ed - Consolidation (4/21/23 close)<p> No change in the overall structure. Monitor a potential small-degree wave four. </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjhLwbYoLl7181_ind-LvOSNVy10eDPuxoTyfwKeur2lmueZJnA7nWpSDFIsRptmOhG1_wKaL4otBe_dKj6LlYzYUDhM5MhFS7iHL1bwFMdBYpOyO7cmTOQIw5s0_2ExAJh5016TIrw8HX0RBJOUPWpaofyMSfJ-pbtQFwH40J80K8UHU1Aw7FPAN6-/s850/SPX-20230421w.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjhLwbYoLl7181_ind-LvOSNVy10eDPuxoTyfwKeur2lmueZJnA7nWpSDFIsRptmOhG1_wKaL4otBe_dKj6LlYzYUDhM5MhFS7iHL1bwFMdBYpOyO7cmTOQIw5s0_2ExAJh5016TIrw8HX0RBJOUPWpaofyMSfJ-pbtQFwH40J80K8UHU1Aw7FPAN6-/s320/SPX-20230421w.png" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhqnbuSWRTDfm_0d5K5kjHKOIrTRiv9lgirnNfMxz1ASLYYsCkW88NVOjSQ_zYu2em7u7lSwPYPnfjv_O0ZITHnUM_W1EIZls8pwQn6QvfBTQJ0Zwr-bG5c48WcpxMVyUhd8jhRHXI0t9Rh7B5Id6afU5yI2pwP7AnhsEUNgSkpRM79RYAy4CEHjiYK/s990/SPX-20230421.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhqnbuSWRTDfm_0d5K5kjHKOIrTRiv9lgirnNfMxz1ASLYYsCkW88NVOjSQ_zYu2em7u7lSwPYPnfjv_O0ZITHnUM_W1EIZls8pwQn6QvfBTQJ0Zwr-bG5c48WcpxMVyUhd8jhRHXI0t9Rh7B5Id6afU5yI2pwP7AnhsEUNgSkpRM79RYAy4CEHjiYK/s320/SPX-20230421.png" width="320" /></a></div><br /><p><br /></p>Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com8tag:blogger.com,1999:blog-3848075914573098014.post-51236078322589118052023-04-15T11:17:00.002-04:002023-04-15T11:17:23.538-04:00MTU Weekend Ed. - Back at the Zone (4/14/23 close)<p>SPX is back at its major resistance zone - a fifth attempt, with higher lows (Dec, Mar). Chart 1</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgvnbmFjY1DE4p09K0otFqeNliKsu6MHkcAKwS4e81XnCWnXb-qtCKRME7xn6B9NqR13a4cQUgVjbS-PRe6XPRxwi0470bg6FXE_NFuXtYmLA28rmlWpAK4N72ng-wOe36-uyJhrP-CVb0G97T44DEfxCmLGZ1FTrElK4a8HzPTLkLXmwHgZs24EYth/s990/SPX-20230414z.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgvnbmFjY1DE4p09K0otFqeNliKsu6MHkcAKwS4e81XnCWnXb-qtCKRME7xn6B9NqR13a4cQUgVjbS-PRe6XPRxwi0470bg6FXE_NFuXtYmLA28rmlWpAK4N72ng-wOe36-uyJhrP-CVb0G97T44DEfxCmLGZ1FTrElK4a8HzPTLkLXmwHgZs24EYth/s320/SPX-20230414z.png" width="320" /></a></div><p>Monitoring a potential triangle wave [b] in SPX if . This triangle does not work for other indices. Chart 2<br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHbkgI7lc1U4600adm9FiZMEmzy7zlYb0fY-4mflIksZBKIgRAO9YrMCSyPNbHj-WdUWh2Kz9ifOhNwElufxzlbm-Q-EGHfzC4y_0gwweYMzIj2ILKO_XHD2muOJ8bKPvg2o6KWht-7o6eiA_TpoitxIPCW8wt-ByoOnHrFtn_fr7W6jL-L1eCqqcM/s850/SPX-20230414w.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="633" data-original-width="850" height="238" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHbkgI7lc1U4600adm9FiZMEmzy7zlYb0fY-4mflIksZBKIgRAO9YrMCSyPNbHj-WdUWh2Kz9ifOhNwElufxzlbm-Q-EGHfzC4y_0gwweYMzIj2ILKO_XHD2muOJ8bKPvg2o6KWht-7o6eiA_TpoitxIPCW8wt-ByoOnHrFtn_fr7W6jL-L1eCqqcM/s320/SPX-20230414w.png" width="320" /></a></div><p>Tracking counts for the upswing from the March low - for the triangle or further advance. Chart 3<br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgt9s9nDKvbucs9zUfa4Dznd305Z9pclPlxPGWNZ5Evb0nynxdVI9BYtfXXZl7qrYjPpUw-FPu7Eyd8fRFmNxWkvd2mvXrtCCTVCQb0DVh2sT-aQBYd1hZ45NqMenjZ1XMnjJVWsT_Dx7jkhmxnLapATljOeu5PjKBv7fP3smsL6R4bXajrPl-hjT36/s990/SPX-20230414s1.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgt9s9nDKvbucs9zUfa4Dznd305Z9pclPlxPGWNZ5Evb0nynxdVI9BYtfXXZl7qrYjPpUw-FPu7Eyd8fRFmNxWkvd2mvXrtCCTVCQb0DVh2sT-aQBYd1hZ45NqMenjZ1XMnjJVWsT_Dx7jkhmxnLapATljOeu5PjKBv7fP3smsL6R4bXajrPl-hjT36/s320/SPX-20230414s1.png" width="320" /></a></div><p>Hard to say whether Friday's pullback is an impulse or an ABC structure. Chart 4.</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhW3TuNdyrMV6DkxDVoF9aMaXK5kfhhaJHRvskYA1TjPkX_QzrWgywex6dYKyhTA1zo1yrxr_CrGweztsTN9pd-t9uvELPrT3U-EwsxQ9b8UQeSxJCeQP0f6Fc9LTXWC4RgPqtb_bgeapKiT3W56Cik42OW0ylcTM8vJdCHqqAFpNGKf4dRBLRjEbeu/s990/SPX-20230414s2.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="990" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhW3TuNdyrMV6DkxDVoF9aMaXK5kfhhaJHRvskYA1TjPkX_QzrWgywex6dYKyhTA1zo1yrxr_CrGweztsTN9pd-t9uvELPrT3U-EwsxQ9b8UQeSxJCeQP0f6Fc9LTXWC4RgPqtb_bgeapKiT3W56Cik42OW0ylcTM8vJdCHqqAFpNGKf4dRBLRjEbeu/s320/SPX-20230414s2.png" width="320" /></a></div><br /><p><br /></p><p><br /></p><p><br /></p><p><br /></p>Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.com2