Monday, October 17, 2011

Pre Market Update

ES
ES is challenging the horizontal support at 1214.50 and just below the blue channel. Let's see if this is signaling the end to this leg up.

SPX 15m
The primary SPX count.

HG
Copper is possibly forming a wedge (possible leading diagonal complete) but certainly watching the MACD TL for clues for the completion of this leg up.
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