Tuesday, July 6, 2010
7/6 pre-open
I1 bottom is in. The SP futures double-bottomed last night on a 3-wave. My count is correct and wave Minute 1 of Minor 3 is complete. The rally is a straight line off of the low at 1004 to 1029 currently. This is a launching rally which will run into resistance here. I bought SP futures on breaking 30-minute M/A resistance. Will buy long ETF on a reaction.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment