Thursday, March 31, 2016

Market Timing Update (3/31/16)

[EOD] Stocks update -
SP500 retests the green line, wrapping up Q1 up about 10 index points. The immediate gap below is likely to be filled this week. See charts.

[155pm] ES update -
overnight and morning wedges. (keep an eye on potential small-degree 5th wave failure too.)

[115pm] SPX update -
Potential small degree bullish/bearish triangles. See charts.

[840am] ES update -
Potential small-degree LDT in ES. See chart.