Market Timing Update (8/16/18)

The potential development of a head-and-shoulders pattern (bearish) or a triangle (bullish) in SPX brings interesting interpretations of the bigger picture. See charts.

Market Timing Update (8/15/18)

Market Timing Update (8/14/18)

No extension for wave 5.  No change in the bigger picture.

Market Timing Update (8/13/18)

The missing w5-down materialized today in SPX (Chart 1 red).  Wave 5 could extend if the market wishes.

Reversal (Chart 2 red) or Wave [c]-down of a bullish flat (Chart 2 blue)? Time will tell.

MTU Weekend Ed. - Potential Reversal

Indices are diverging. Some made minor higher highs, some fell short.  In SPX, a larger degree bear flag and potential reversal attempts remain.

MTU Weekend Ed - Potential reversal lacking followthrough (8/3/18)

MTU Weekend Ed. - Potential Reversal (7/27/18)