Wednesday, October 22, 2014

10/22/14 - EOD Update

Today's pullback looks like a wave -iv so far in cash and emini and may have set the right shoulder as mentioned last night at 1925.

We could see a back-n-forth here to consolidate some so will be looking for that in the 1925-1970 range. However, I'd like to see wave -v set first and then a pullback to consolidate within the range.

5 Min - SPX

60 Min - ES
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