Thursday, February 2, 2012

Market Timing Update (2/2/12)

[EOD] Stocks -
See 2nd chart below.

[1250am] SPX update -
Follow up to the 1150am update. See chart.

[1150am] SPX update -
In the order of likelihood - The green wave (iv) may still be in progress (or just ended), OR wave (v) in SPX may be an EDT (even already truncated) given the wave structure and the divergence between SPX and INDU. See annotations on the 2nd chart below.
[655am] ES update -