Wednesday, August 12, 2015

Market Timing Update (8/12/15)

[EOD] Stocks -
SPX rebounded from trend-line support (Chart 1), regains range (Chart 2) and appears short-term overbought (Chart 3).
[950am] SPX update -
Here's a look at the SP500 cash charts. See comment in the [845am] update.

[845am] ES update -
ES probes potential trendline support overnight, wrapping up a potential small-degree expanding EDT. See charts.