Market Timing - posted at 1325 EST
Swing trade - 100% long positions; stop for all positions to SPX 1290.
Investor core - 100% long positions; stop for all positions to SPX 1290.
We expect a turn at 1245 to 1300 EST (a low is projected at 60/40). Structurally, a low would persuade us to look for higher prices soon after the turn. Then lateral trading with a downward bias late in the session.
The high and a low arrived in the time window. Instead of a turning upward, we see the low turn at 1400 EST.
More at 1430 EST.
Good Trading and God bless
W. B. Busin
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