Monday, December 2, 2013

12/2/13 - EOD Update

The bears have a decent setup for the first time in a while. A bearish head and shoulders pattern targets 1791 below.

However, so far, there are only three waves down at the moment and the 60 min chart below may present a case for one more push to new highs to complete what could be an ending diagonal.

5 Min

60 Min 

Daily

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