Friday, August 30, 2013

Market Timing Update (8/30/13)

[EOD] Stocks -
Prior lows held in SP500, the Dow and NDX, failed in SP400.

[119pm] SPX update -
De-rushing the count places the near term low as the end of small-degree wave [v] down. See the red count in chart.

[1010 am] SPX update -
Retesting a couple of potential trendlines in multiple time frames.

[730 am] ES update -
Month end.