Thursday, September 1, 2016

Market Timing Update (9/1/16)

[EOD] Stocks-
Today's low may have completed a potential (ending/leading) diagonal triangle (Chart - blue). However, the measurement is less consistent. So, price actions also introduce the possibility of a contracting diagonal triangle (Chart - gray).

[1035am] SPX update-
Short term tracking appears to be on track. See charts below and yesterday's update for details.