Friday, February 6, 2015

Market Timing Update (2/6/15)

[1015am] SPX/MID update-
Near term tracking. Bullish - upward breakout. Bearish - expanded triangle or complex three rebound. See charts.
[845am] ES update-
ES broke above prior downward trend channel following the jobs report, and is attempting to break above the sideways consolidation zone for a potential IHS. See chart.