This is a 3:30 intraday update Turov on Timing for Wednesday, August 3, 2011.
The daily model will probably be bullish tomorrow.
The VA model will definitely be bullish tomorrow.
The NASDAQ model will be bullish for the “close today through 10:45” period tomorrow, and if the NASDAQ 100 advances during that time frame, an additional advance for the balance of the session is likely. However, if the NASDAQ 100 declines during that early time frame, then heavy selling could occur later in the day, in the absence of bullish news.
Thanks for the opportunity to be of service, and I’ll email you again in about ten hours.
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