Thursday, August 8, 2013

Market Timing Update (8/8/13)

[1155am] SPX/INDU update -


[705am] ES update -
A potential five-up in ES, could morph into a seven in ES and SPX cash if the overnight low is not taken out. See charts.


Wednesday, August 7, 2013

Tuesday, August 6, 2013

Market Timing Update (8/6/13)

[EOD] Stocks -
There's no change in the SPX/INDU counts (see 150pm update). Here's a follow up on the 720am ES update.








[150pm] SPX/INDU update -
Some short term configurations as food for thought. See charts.


[720am] ES update -


Monday, August 5, 2013

Market Timing Update (8/5/13)

[EOD] Stocks -
Small-degree 4th wave (triangle?) or topped out in SPX and INDU. See charts.


[115pm] SPX update -
The red trend line in the squiggle chart is likely important.


[725am] ES update -
Squiggles on ES appear to suggest small-degree down-up to finish wave 5 off the Jun low. See charts.


Sunday, August 4, 2013

MTU Weekend Ed. - A Fifth Wave (8/2/13)

Stocks are likely to wrap up a potential fifth wave since the June low (Chart 1 SPX and Chart 2 NDX).


The pending high likely concludes the advance since at least the 2012 lows (Chart 3 SPX blue) and potentially more (Chart 3 SPX red).






The more bearish interpretation is associated with a better form in NDX, with a potential overthrow. See Chart 4 and Chart 5 below and A Look at NDX (7/19/13) for discussions.






Friday, August 2, 2013

Thursday, August 1, 2013

Market Timing Update (8/1/13)

[EOD] Stocks -



[1045 am] SPX/INDU update -


[710 am] ES update -
First of the month. A potential EDT in ES, as well as in SPX cash.