Monday, August 9, 2010

8/9 11:10

Market consolidated it's 1st 5-wave up from Friday's lows by chewing up the clock, sideways in a rectangle/triangle.  I bought DJ futures on the SP 30-minute M/A as well as the convergence of the following DJ M/As:
DJI is hesitating at it's high 10,693 but will break through.

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