Tuesday, November 28, 2017

Market Timing Update (11/28/17)

The current "wave five" could be of higher degree (green or red).




Monday, November 27, 2017

Market Timing Update (11/27/17)

The current "wave five" could be of one degree higher (green).



Wednesday, November 22, 2017

Market Timing Update (11/22/17)

wedging and potentially multiple wedges?



Monday, November 20, 2017

Market Timing Update (11/20/17)

Lots of near term options
The "only" immediate reversal count is the blue wave 5 failure around 2590 in the above chart. The subsequent squiggles would count as 1-down and 2-up



Sunday, November 19, 2017

MTU Weekend Ed. - Turning (2) (11/17/17 close)

bullish tracking
Chart 1 green (4): A larger degree 4th (triangle or complex three)
Chart 2 blue 5 : A smaller degree 5th

bearish tracking Chart 2 red or green 1s/2s.



Wednesday, November 15, 2017

Market Timing Update (11/15/17)

[EOD] SPX/INDU -
SPX is probing potential base channel support - we will know which 4 (green or blue) is the real one soon.
INDU is probing the green line support but closed below.
The big picture



Friday, November 10, 2017

MTU Weekend Ed. - Turning (11/20/17)

Tracking
ES, respecting the wedge so far
SPX, forming an HS top?




Thursday, November 9, 2017

Market Timing Update (11/9/17)

[EOD] SPX/ES -
Bear / Bull tracking, topped with truncation in cash and lack of trendline throwover in ES or small-degree wave 4 pullback. Time will tell. See charts.

a clean five-wave decline in ES, but not in YM




Wednesday, November 8, 2017