Wednesday, January 7, 2015

Market Timing Update (1/7/15)

[EOD] Stocks -

[9am EST] ES update -
The overnight rebound in ES has pushed ES above its Sep-2014 high. The decline from its ATH appears to be 9 waves in ES, an impulse wave decline with an extended 5th wave. Let's see if it's an initial sell-off or a terminal wave C pullback. See chart.

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