Disclaimer: Each post is for informational purposes only. It is not a solicitation, a recommendation or advice to buy or sell any security or investment product. Information provided in each post does not constitute investment advice.
Thursday, July 5, 2012
Market Timing Update (7/5/12)
[EOD] Stocks -
Near term wave structure in SPX appears to support a triangle 4th or b-wave (Chart 1). It will likely be quite bearish, at least for the near term, if the pattern fails. Chart 2 updates the larger tracking counts.