Wednesday, October 10, 2012

10/10/12 - EOD Update [8:26 PM Update]

[8:26 PM Update]

Here's a link (http://twitpic.com/b2y2xv) to my ES chart I tweeted earlier this afternoon. Or just take a look at it to the right.

EOD Update


I have cleaned up the count option and converted purple to green. The flat for wave 4 is just about complete just as it tagged the lower channel and lower Bollinger Band.

Must keep an eye on the 50 day SMA, which is currently at 1426. This could be a target as well.

Here are some wave c extension targets should this extend further.

c = 1.10*a = 1422
c = 1.38*a = 1410
c = 1.618*a = 1400
60 Min

Daily Bolllinger Bands

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