Sunday, October 24, 2010

10/24/10 - [10/25 6:00 AM Update]

[10/25 6:00 AM Update]

So far, looks like we have a good leg 3 in of the ED, if it's an ED. I'll be off for the next hour or so. Check back later for updates.



Those who followed along on Friday read that I as expecting a thrust out of triangle into the close. We saw the beginning of that by the end of the day.

Tonight, futures may be indicating the follow through to that thrust at the end of the day Friday.

Targets again for the cash market is 1188 -1193.

**Note: The count on the chart above is different than the one I posted for cash yesterday.
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