Tuesday, July 29, 2014

Market Timing Update (7/29/14)

[EOD] Stocks-

[12:15pm] SPX/ES update-
Partial but acceptable gap fill in ES/SPX. Near term tracking counts in Chart 2 by color. The black count describes a five-down off the orthodox high, followed by an upward expanded flat rebound to this mornings high. Interestingly, this mornings high marked the 0.618 retrace for the said decline.


blog comments powered by Disqus