Thursday, February 7, 2013

2/7/13 - EOD Update

The triangle I proposed 2 days ago is still looking good. I'll keep monitoring it but I have introduced the red option on the 15 min chart as well that should be monitored.

The red option can represent two things; 1. A bearish move signifying the end of the run from 1340 or 2. A much bigger wave c down that may challenge the 1470-1490 zone.

15 Min 

60 Min 

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