as I mentioned we could have a wee bit more to go. I disagree w/Red on that we only get 1085 or so and then on to higher highs, I think the final quarter of this year, there is will some smoke and real fire!
1143.50 is the .618 retrace level for the day, much above that unless a spikey head fake, has potential to break the EW down pointing count on the day chart.
BTW Gold up Silver up $ up TNX up SPX up come on~!
http://www.hotoptionbabe.com/blog/23-are-we-qth…
as I mentioned we could have a wee bit more to go. I disagree w/Red on that we only get 1085 or so and then on to higher highs,
I think the final quarter of this year, there is will some smoke and real fire!
triangle broke
1124 hit and broken
1123 testing now
Believe it or not, I am getting 1118.75 ES as the retrace level for this morning up move.
I hope we hit 1140-1150 quickly. Its going to be tough enough holding shorts this am.
1143.50 is the .618 retrace level for the day, much above that unless a spikey head fake, has potential to break the EW down pointing count on the day chart.
world markets view before opening bell
http://niftychartsandpatterns.blogspot.com/2010…
How far do you expect the gap down to be.
I can't help myself from linking the gusher to Igor Panarin
http://online.wsj.com/article/SB123051100709638…
Hey red, great videos. They never make it easy now do they. It does seem like both bulls and bears get creamed more often.