Thursday, October 17, 2013

Market Timing Update (10/17/13)

[EOD] Stocks -
U.S. government reopens for business and spending. SP500 makes a new all time high. Full moon tomorrow.

For the near term, SP500 is likely completing a five-wave advance from the October low (Chart 1 and Chart 2). With respect to the larger picture, the pending high likely counts as the final wave (c) (Chart 3) or wave 1 of (5)-up of [3]or [C](Chart 4).




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