Wednesday, April 20, 2011

4/20/11 - EOD Update

EOD Update

What a rally today. Now the question is are we seeing an impulse wave up or another corrective move to add to the ever growing triangle?

I post my thoughts and options below for you to decide. As far as EW goes. It's always best to trade the third waves (whether they be a wave 3, c or y).

Hopefully we'll know tomorrow if the triangle is still the path the market wants to take.

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