Tuesday, August 14, 2018

Monday, August 13, 2018

Market Timing Update (8/13/18)

The missing w5-down materialized today in SPX (Chart 1 red).  Wave 5 could extend if the market wishes.

Reversal (Chart 2 red) or Wave [c]-down of a bullish flat (Chart 2 blue)? Time will tell.

Saturday, August 11, 2018

MTU Weekend Ed. - Potential Reversal

Indices are diverging. Some made minor higher highs, some fell short.  In SPX, a larger degree bear flag and potential reversal attempts remain.