Thursday, June 16, 2016

Market Timing Update (6/16/16)

[EOD] Stocks-
Today's rebound brought SPX above its MA50 and  VIX inside its BB.  Some follow-through advance appears likely. Near term, the current rebound may have the potential to reach/kiss the underside of the green line in Chart 2.

[1050am] SPX update-
ST channel and lines. See chart.