MTU Weekend Ed. - MA200 (3/30/18)

SPX found support (so far) on its fourth touch with its MA200 (Chart 1).

Market Timing Update (3/28/18)

Market Timing Update (3/27/18)

Market Timing Update (3/26/18)

MTU Weekend Ed. - Liberated (3/23/18)

SPX is longer being squeezed between a "tight" range between support and resistance.

Market Timing Update (3/22/18)

Market Timinig Update (3/19/18)

MTU Weekend Ed - Squeezed (3)

Very little has changed from last week.

Market Timing Update (3/15/18)

Market Timing Update (3/13/18)

Market Timing Update (3/12/18)

MTU Weekend Ed - Squeezed (2) (3/9/18)

SPX reacted at support (chart 1, 2) and remain squeezed between support and resistance but approaching the overhead resistance (chart 1 red line) in a potential bear flag (chart 1 and 3).  As discussed last week - New high likely if the red line is overcome and ~2400 likely if the blue channel is overcome.

Market Timing Update (3/6/18)

Market Timing Update (3/5/18)

MTU Weekend Ed. - Squeezed (3/2/18 close)

SPX is squeezed between the lower boundary of its trend channel (blue) and overhead resistance (red) and has shown strong reaction.  New high likely if the red line is overcome and ~2400 likely if the blue channel is overcome.

Last week's selloff is likely a three-wave structure so far (blue), although one can track out a five-wave structure (red).  Early next week should tell.

 

A three or five has implications on the near term structure.

Market Timing Update (3/1/18)

SPX

UST 10Y yield