Monday, June 13, 2011

Market Timing Update (6/13/11)

[EOD] Stocks -
No change to the squiggle count (210pm, chart 2). Here's the squiggle on ES (Chart 1) - note the many colored squiggle options, assuming a near term low is in. Larger SPX count in Chart 2.

[210pm] Count update (SPX) -
See the 2nd chart for details. The relatively bearish count (purple) channels better. The relatively bullish count (red) is technically valid - see notes on the chart.

[630am] Overnight Update (ES) -