Market Timing - posted at 1140 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.
Now SPX 1305 to 1311 may slow the action a fair bit. I expect SPX to get over the lip today. Momentum and volume are in above normed levels. Volume patterns have continued to point to upward movement and so also this morning.
NDX is presenting at recent highs at 1720. The Dow is lagging out of the open, but it also was the last to put a low. It may transition to a follower over the next weeks.
The minor time locus point and a different algorithm are converging at 1215 EST.
More after the timing loci have passed.
Good Trading and God bless
W. B. Busin
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