Monday, February 7, 2011

Market Timing Update (2/7/11)

[Bearish count] INDU -
Note the red squiggle count on the second chart.

[EOD] Stocks -
Chart 1 shows the larger count with the top two tracking counts.
Chart 2 shows an intraday count of SPX.
Chart 3 (right) shows an intraday count on YM with all the overnight actions.

[2pm, 218pm] INDU squiggles -
The proposed triangle is invalidated (left). A potential double three 4th wave (right).
[1130am] Mid-day update (SPX) -
Note the larger count. According to the larger tracking count, the current rise is either the blue [v] of 5 or green [v] or 3.
[815am] Overnight update (stocks) -