Tuesday, June 4, 2013

Market Timing Update (6/4/13)

[EOD] Stocks -
The Dow made a lower low today while the recent low in SP500 held. Favor
[1] the blue count of a flat (B) up in Chart 1, part of blue(4)-down in Chart 2.

or [2] the red count of one more leg down to finish a triple three, part of green (iv)-down in this chart, or the bearish LD decline.

The bullish alternative has the low in place at today's low, as the green (iv) in this chart


[125pm] SPX update -
[946am] counts continue to tracking. Updated squiggles from all-time high and recent low. See charts.


[946am] SPX update -
Matching SPX squiggles. See charts.


[930am] ES update -
If the low is not in at the green C, note the potential blue triple three or a large LD-down structure. The potential for a series of 1s2s in ES are indicated by the red count. See chart.


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