Monday, March 28, 2011

3/28 7:30am

Overnight SP futures touched their 30-minute M/A and are trading like a 4th wave so I'm changing the count to look for a 5th wave spike from a rectangle.  I'll cut back to 1% in ARCA at 8 EDT.  When I1 peaks on a Friday (the peak occurred 3/25) then about half the time the actual peak occurs Monday morning.
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