Tuesday, August 30, 2016

Market Timing Update (8/30/16)

[EOD] Stocks-
Chart 1 updates tracking counts. There is an interesting potential triangle in NDX (Chart 2), as well as in SPX (Chart 3). Those are consistent with the choppiness. Let's see what happens.


[1pm] SPX update -
Short term tracking from August Highs. See chart.