Monday, May 5, 2014

Market Timing Update (5/5/14)

[EOD] Stocks-
The morning retest of near term support is so far successful (Chart 1).  Chart 2 updates the potential trajectories. See  Monthly Outlook Update (5/2/14) for discussions.


[715 am] ES update-
ES retesting a couple of potential base lines. See charts below and Monthly Outlook Update (5/2/14) for discussions.