Thursday, April 19, 2012

Market Timing Update (4/19/12)

[EOD] Stocks -
Assuming the April low holds - an uncertain if - leave room for
[1] a bullish LDT-up wave 1 (green) or even a bullish setup 1/2/[i]/[ii] setup.
[2] A larger triangle/flat/combo, where the near term low is X/B-down of wave (B)-up (blue)

[1010am] SPX squiggles -
See the 2nd chart below
[735am] ES update -