Wednesday, January 28, 2015

Market Timing Update (1/28/15)

[EOD] Stocks -
Tomorrow morning presents a window for a low, marked as the green (2), red (i) or blue [i] in Chart 1.

The potential for the green wave (2) low is based on the wave structure as well as time equality between green waves (1) and (2). In this case, wave (2) corrects much in time and less so in price.

The potential for the red or blue wave one is based on short term squiggles from the recent (potentially orthodox) high around 2060. Let's see if the market takes it.

Chart 2 show a version of the potential larger tracking counts.

[240pm] SPX update -
Watch the green trend line. See chart.