Tuesday, February 15, 2011

2/15/11 - Pre Market [9:43 AM Update]

[9:43 AM Update]

Got ED? For nth time. We'll see. Or just setting up to be another ascending triangle. Time will tell.

[7:50 AM Update]

I mentioned in the chat room earlier that 1325 wil be good level to watch. a wedge forming at this level tells me possibly a good bounce is in store.This could be a leading diagonal as well but a sharp retrace is still expected

5:50 AM Update

Looks like a descending tri is still valid here.

Pre Market

ES currently trading down 2 and change. The triangle has expanded a little since last night's post. I think we should know soon enough if this is a triangle.
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