Wednesday, January 21, 2015

1/21/15 - EOD Update

8:22 PM - ES is sporting a pretty good looking triangle. We'll see if wave E is on tap.


EOD Update - What do you want me to say? Nothing really to add other than the potential bearish nested i ii -i - ii down to add to the bearish H/S.

The bulls still have their triangle.

60 Min 

I'll give the bears a slight edge here unless the bulls can break out of the channel and reclaim the falling 20 DMA. 
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