Tuesday, August 23, 2011

Market Timing Update (8/23/11)

[EOD] Stocks and Gold-
SPX Tracking counts - truncated 5th (yet to be confirmed), small-degree w2 rebound, or a lengthy triangle 4th wave.
Gold - December Gold, see chart to the right
[1140am] SPX update -
a potential small-degree five-up, see the 2nd chart below
[1030am] SPX update -
[755am] ES update -
potential bullish and bearish triangles (2nd chart)