1/24/12 - [7:51 AM Update]

[7:51 AM Update]

here is my 5 min view for today.

http://twitpic.com/8b66op

so far a 4-1 overlap so no new impulse down yet. this could have completed wave 4 red of my alternate

http://twitpic.com/8b62e6

and could have complete wave a of a flat or wave a of a triangle forming for 4 blue of my primary

http://twitpic.com/8b63ca

Pre Market

ES - 60 Min

 Backtesting the TL.

ES - 15 Min

MACD +ve divergence and taking on a falling wedge pattern.