Tuesday, December 23, 2014

Market Timing Update (12/23/14)

[EOD] Stocks-
New high. There is a tiny-degree five wave decline in SPX form the new ATH into the close. Initial decline or end of an expanded flat? See tracking counts.

[1055am] SPX update-
Tracking counts and squiggles (blue, red, green). See charts.

[9am] ES update-<
Upward breakout from an ascending triangle in ES. If it holds, there will be a gap open in SP500 above the previous ATH which has been the resistance over the past few trading sessions. See chart.