Thursday, December 31, 2015

12/31/15 - EOD Update

Looks like bears were able to print five waves down. The bulls have that as a wave [a.

One thing to note is the fact that since 12/14, we have seen a series of five waves up and down so who knows for sure.

I am long for the new year but will tap out of the trade with a close below 2040.

On the 60 min, an ascending triangle pattern could be in the works but still a lil too early to tell so lets just keep an eye on that.

Happy New Year to all!

15 Min 

60 Min 


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