Thursday, August 12, 2010

8/12/10

8:45 AM - TRANS
Here's an update to this flag I posted a while back. Hmmm..backtesting...?

7:25 am UPDATE
Rangebound? 2nd right shoulder?

7:05 AM Update
Here's one to watch. An update to the 60 min bull count I have presented all along.

I have minuette (ii) labeled as an expanded flat with c of (ii) targeting 1080-1075. c of (ii) = 1.618*a of (ii). Wave (ii) also retraces (i) approximately 62%. Will all this correspond with the MACD trendline support?

This will correspond with a 5% correction some of the hedgies are looking for. Got this from CNBC.
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