THE STOCK MARKET UPDATE

March 1, 2016

David H. Weis

Plotted thru 4:15 pm ET

There was no downward follow through today on the heels of Mondays sell-off. The S&P
held along the demand line of the up-channel and closed above last Fridays high. Given
todays strong close, the market seems poised to test the 1992 axis line. If the S&P rallies
to the top of the up-channel on the daily chart, it will reach 2017. As usual, the amount
of upward follow through and the position of the close will be the paramount features to
evaluate tomorrow.

www.WeisOnWyckoff.com

dhw@weisonwyckoff.com

Tel 617.489.9155