Monday, August 4, 2014

Market Timing Update (8/4/14)

[EOD] Stocks -
See Monthly Outlook Update (8/1/14) for discussions.

[1105am] SPX update -

[905am] ES update -
ES is at the 2014 trend line, struggling to find the direction of the next swing (Chart 1). Chart 2 shows a potential ascending triangle overnight. Let's see if either holds.

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