Friday, September 16, 2011

Market Timing Update (9/16/11)

[1235pm] Gold update -
triangle or flat continues to track

[1130am] DAX, ES update -
SPX/ES likely leads DAX (closed for the week) this afternoon and into the weekend. Odds favor a 4th wave here until it no longer does.
[935am, 11am] SPX update -
[935am]op-ex, nevertheless, fifth wave extension.
[11am] are we there yet? yes, no, maybe so.

[7am] Overnight update (ES, DAX) -