Wednesday, February 20, 2013

Market Timing Update (2/20/13)

[EOD] Stocks -
Chart 1 updates Chart 4 in 7-Up and Mature Fractal (2/15/13).  The proposed wave 3 or wave C, as well as the potential fractal point #10, are likely complete.

Chart 2 tracks squiggle counts from the recent high in SP500.  Today's sell-off so far counts as either a three / incomplete five (red) or a completing impulse with an extended fifth wave (blue).   Each count has appealing features in the manner waves channel.