Thursday, May 5, 2011

Market Timing Update (5/5/11)

[EOD] Stocks -
For stocks, the decline SO FAR appears more corrective (triple zigzag?)than impulsive. Here are the near term tracking counts.
The USD index enjoyed a strong rebound. See the near term tracking counts.


[1115am] Squiggle update (INDU, SPX) -
Red or blue or neither, you be the judge. And the corresponding counts on ES.


[9am] Overnight update (ES, DX) -
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