Timing Market Turns 7 - 04/06/2006

Market Timing - posted at 1443 EST

EDIT: I meant to do this earlier - I will post up answers after the close to questions asked through this blog's Comment.

Swing trade - 100% long positions; stop for all positions to SPX 1298.

Investor core - 100% long positions; stop for all positions to SPX 1298.

Time loci for Turns, 5 minute timeframe - 1355,1440

In post 4 today, I wrote: "Daily resistance at SPX 1310 is the level that must be surpassed to maintain the upward daily trend - within 2 days from our trend parameters." The pit traders must be reading this blog too! -:)

Daytrader/scalper would exit longs here at SPX 1312 at 1440 EST

A low here at the 1440 time locus is positive. Holding this level toward the close, and staying above SPX 1305 today will give a good platform for tomorrow's trading.


More after 1630 EST

Good Trading and God bless

W. B. Busin