Thursday, March 17, 2011

3/17 10:20

Stock indexes are now in their 5th wave from yesterday's lows.
Assuming the 30-minute M/A falls with a 30-minute close >= 1273.50 I'll attempt buying 3% SSO on the retracement of the 5 up.  The next resistance level beyond is the DJI 5-minute, 370-unit M/A.  Currently at 11858 it is gradually declining.  This level will only be overcome by DJI > 12,018.

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