TOT daily traders went 200% short at SPX 1996.66 shortly after the opening today, and an additional 100% short at SPX 1991.49 at 10:45 this morning. The SPX
has gone our way and is currently down sharply at about SPX 1985. Lower the buy stop on the entire 300% short position to SPX 1994.90. If not stopped out,
take your profit on the close. Preliminarily, the daily model looks bullish for Monday, and I will have more on that in our sister publication, Turov on
Overnight Possibilities, at about 3:45 this afternoon.
Have a great weekend, thanks for the opportunity to be of service, and I’ll email you again six hours before the start of Monday’s trading session.
Turov on Timing is Copyright © 2014 by Turov Investment Group Inc. All rights reserved. Turov on Timing is for personal use only. All caveats and
advisories that appear in the monthly Turov on Timing apply equally to this email. Re-publication and distribution is strictly prohibited. No part may be
reproduced without the permission of the Turov Investment Group Inc. All recommendations are based on the Standard & Poor’s cash index (SPX) which cannot be
directly traded and Turov Investment Group Inc. makes no recommendation or suggestion to readers as to how SPX-based recommendations should be traded but
rather leaves that to the discretion of each individual reader. The “official” price of the opening and closing SPX is as reported at www.bigcharts.com and
may not be consistent with futures or ETF prices. All stop recommendations are based on that “official” price. Any recommendation that is to take place at
a specific time is basis the “opening” on a one minute bar chart beginning at that time and ending one minute later. All times mentioned are Eastern.
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