Sunday, September 29, 2013

Market Timing Update (9/30/13)

[EOD] Stocks -
Please see intraday updates below and Monthly Outlook Update (9/27/13) for additional discussion.

[210pm] SPX squiggles -
[1105am] SPX / NDX update -
Opening-gap-down in SPX came very close to the remaining prior gap (Chart 2). The opening-down-gap in NDX is already filled with the rebound (Chart 1). Previously discussed tracking counts are shown in charts.

[805am] ES update -
Month end. Gap down open in cash market likely. See Monthly Outlook Update (9/27/13) for larger-degree discussion.

[9/29/30-645pm] ES update -
Gap down open. See chart.