Wednesday, August 1, 2012

Market Timing Update (8/1/12)

[EOD] Stocks -
Primary count is a [b] wave (possibly a [ii] wave) finding its completion (Chart 1 red+green). These correspond to the gray count in Chart 2.
A small-degree 4th wave is a possibility, but to a lesser extent (Chart 1, blue).

[740am] ES update -
1st of the month. FOMC.
Larger count and squiggle count in ES. See charts.