Wednesday, April 23, 2014

Market Timing Update (4/23/14)

[EOD] Stocks-
SP500 cash index has been retesting the red line as potential support (Chart 1). The after-hours action in ES appears to suggest a successful retest (Chart 2).

[715 am] ES update-
ES retesting prior resistance. Tracking [i]/[ii]/[iii]-blue and [a]/[b]/[c]-red of an orthodox low mid-April. See charts.

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