A Market Timing Report based on the 1-03-2014 Close published Sunday January5th, 2014
The SP500 Index (SPX, SPY) finally rose to my first target and pulled back a bit. So far, it’s just a dip, but dips can turn into more substantial corrections as explained in this month’s newsletter. Subscribe at no charge below.
SP500 Index falling from resistance line
Sentiment is starting to flash caution signs and it’s once again a must read this week, as the predicted losses occurred this past week. I covered my thoughts on investor sentiment for free subscribers on Thursday, so be sure to read them. You can access them after getting the password here: Free Subscription to My Newsletter and access to my latest comments I’ll send you back the password to the access page and the monthly newsletter in the same email.
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I thank Worden Brothers for the chart system I use to post these charts. If you want to know more about the charting system I use every day, go to my “Other Resources” page here: Other Resources It makes it much easier to follow along with me if you can see the charts and manipulate them on your own computer, so it’s a great investment to have an excellent charting system.
Look for updates on the main chart tracking pages this week as I feel they are needed and comments via Twitter.
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