Thursday, March 10, 2011

3/10/11 - 7:46 AM Update

7:46 AM Update

A good day today if you were short. However, keep these two options in mind if 1294 holds.

Pre Market

Wild night. So far support is holding.

ES- June

Until one of these trendlines give, anything goes.

ES- March


Combo Corrective Option

I presented a smaller version of this last night. If this is the correct count, as with all triangles, the triangle for wave (y) may need more time. All is valid until the trendlines are broken.

A view of the other options.
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