Wednesday, July 6, 2016

Market Timing Update (7/6/16)

[EOD] Stocks-
SPX fills a downward gap today, presenting a potential expanded flat with a small-degree EDT (Chart 1). A potential expanding triangle in futures (Chart 2).

[1pm] SPX update-
Squiggles, potential expanded flat. See chart.

[910am] ES update- Potential triangle in ES from the overnight gyrations. See chart.