Tuesday, July 26, 2011

Market Timing Update (7/26/11)

[EOD] Stocks -
Three top tracking counts in SPX/INDU (Chart 1) and Squiggle count on NDX (Chart 2)
[blue] A regular five-up in INDU and an LD in SPX as wave 1-up, now in wave 2-down, [a] of 2-down likely ending/ended.
[green] bullish 1-2-[i]-[ii] setup
[purple] expanding EDT

[245pm] NDX ED followup -
no pun intended










[1030am] Count update (INDU) -
The wave structure of INDU brings about some clarity? see the 2nd chart below
[810am] Overnight update (ES) -
a potential small degree triangle in the works
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