Tuesday, March 31, 2015

Market Timing Update (3/31/15)

[EOD] Stocks -
SPX is still coiling around the key red line (Chart 1). Chart 2 tracks squiggles.

[1240pm] SPX update -
SPX probing the red potential support line (Chart 1). Chart 2 tracks squiggles, assuming support holds.

[815am] ES update -
Month end.  Quarter end. ES retesting the green potential support line (Chart 1). Tracking counts from the recent low in Chart 2.