Tuesday, August 16, 2011

11:41 AM Update

11:41 AM Update
I posted this 3 min chart in the chat room earlier explaining why the move off yesterday's high is not impulsive due to the 4-1 overlap.

11:26 AM Update

The options


9:21 AM Update

Below are the two options I'm following. One is impulsive, the other is corrective. Both still imply a higher push. We'll see.