Tuesday, August 10, 2010

8/10 noon

The trendline on the 11:30 chart is now at 10,591.  Market is in 4th wave of 3-wave off of today's bottom.  I'll give the 5th wave room on the upside and buy on the pullback.  This will allow me to see if the market can clear the 10,591 trendline.  Will re-post this chart later.

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