Monday, July 9, 2018

Market Timing Update (7/9/18)

Stocks are close to making a higher high.

The Dow is apparently lagging.   A potential bearish triangle is applicable to both indexes and is consistent with a lower low in INDU but not a lower low in SPX in April.  In that case, the potential triangle is  either approach immediate conclusion (E-up) or still in D-down.



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