Monday, February 25, 2013

Market Timing Update (2/25/13)

[350pm/EOD] Stocks -
ABC-down (bullish) or [i]/[ii]/(i)-down (bearish) in SP500. See charts.

[1015am] SPX squiggles -
Bullish and bearish squiggles.

[1005am] SPX update -
INDU made a higher high while other indexes have lagged (Chart 1). If other indexes follow through higher, a flat-like wave 4 correction was likely over (Chart 2, black).

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