Friday, February 1, 2013

2/1/13 - EOD Update

The market has continued to track along with the blue count. It has now reached the top of the ending diagonal as well.

We shall see in the coming weeks what the market intends to do. Either break out and up to challenge the all time highs or look for rapid breakdown of the wedge.

60 Min 


Long term
We can speculate all we want on the longer time frame but it may not do us any good. However, if I had to choose, these are the two best options IMHO.
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