Tuesday, July 1, 2014

Market Timing Update (7/1/14)

[EOD] Stocks -
Yesterday's EOD update mentioned a time window for a high this Monday, Tuesday (today), and Wednesday. Today's rally is right in the middle of the proposed time window. Let's see if the market takes it.

Chart 1 tracks squiggles on today's rally. Chart 2 and Chart 3 show surviving topping scenarios discussed in Monthly Outlook Update (6/27/14).

[1135am] SPX update -
at resistance. see charts.

[850am] ES update -
Q3 begins. Potential EDT within EDT within EDT in ES/SPX. See charts.


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