Wednesday, October 26, 2011

Pre Market Update

Pre Market Update

SPX - 3 min

ES - 60 M


ES - 15 M
Pattern-wise here, may only be a bear flag and one more leg down is required. This would equate to a wave x bounce on the spx for my primary count.
HG - 60 M
So far I count 4 waves up off the 10/25 low. 3.435 is the level to watch to determine whether a new five wave impulse up is in play off the 10/25 low or if it only completed wave b red of a wave 2 flat.
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