Monday, April 18, 2011

4/18/11 - EOD Update

EOD Update


I presented these options at the close on Friday. I've moved the Minor 4 triangle to the top of the list as far as what I think may be going on. However, I think the other two are still very valid options.

I like how the lower channel (parallel to the 1-3 line) also forms the lower trendline of the potential triangle.







Need to watch for a potential repeat like this.