Thursday, February 6, 2014

Market Timing Update (2/6/14)

[EOD] Stocks -
Once again, an examination of ES is informative (Chart 1). The attempt at the green line was successful. Today's advance stopped at the red line. Chart 2 tracks SPX for the near term.

[105pm] SPX update -
SPX is attempting to enter its prior support zone. See charts.

[725am] ES update -
ES making another attempt at the initial resistance area. See charts.


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