Market Timing - posted at 1435 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.
The 15 minute time locus begins at 1120 EST is followed by a series of intraday clotted loci. This indicates to us a lateral chop until the final locus at 1330 EST.
Time loci for this morning: 1120,1125,1140,1210. More if these are supported by the volume patterns and price action.
The minor time locus referenced above in bold arrives on Monday, April 3rd with the window opening at noon.
More time loci - 1250,1330,1445.
The 1445 time locus to be a low, but not necessarily lower than SPX 1295. It may be the second phase retracement of the upward move from 1295. Two more locus present at 1540 and at the open on Monday.
More after the close.
Good Trading and God bless
W. B. Busin
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