Wednesday, September 27, 2017

Tuesday, September 26, 2017

Market Timing Update (9/26/17)

[EOD] SPX update-
The same interesting possibility as that in ES. See chart.
[320pm] ES update-
Interesting possibility. See chart.



Monday, September 11, 2017

Market Timing Update (9/11/17)

[EOD] SPX, INDU- The Dow has been underperforming SPX since mid-August.



Saturday, September 9, 2017

MTU Weekend Ed. - Primary Trend Line Test II (9/9/17)

The primary trend line in SPX got tested again this past week and held. Continue to expect a near term breach of this trend line as the Midcap index, Russell2000, Wilshire 5000 and Transports have already broken their corresponding lines.
Near term, a bearish 3-month HS (red) and a bullish 6-week IHS (green) and a bullish 3-month triangle (green) present themselves ...
... which keeps the larger tracking count unchanged for now.