Friday, August 6, 2010
8/6 2:50
So, it was only a 3-wave down, not a 5-wave to complete an abc. All indices, cash and futures, overlapped. I am long SSO ETFs and looking for a pullback to put on long futures. We are still on the long side of the 5-minute, 380-unit M/A, within the diagonal triangle, and I1 is rising. There is unfinished work at new highs for the diagonal (if it applies).. Pima, how are we doing?
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