 |
| SPX - 5 Min - Primary Impulse down |
 |
| SPX - 5 Min - Corrective Option down |
 |
| SPX - 60 Min - Primary |
 |
| ES |
Wednesday, February 22, 2012
2/22/12 - EOD Update
The head and shoulders top pattern I posted yesterday is still in play and the market is channeling down at the moment. I present two 5 min charts below highlighting the counts for today's move.
Price moved back below the lower half of the channel and continues to diverge with MACD.
Lets see if ES stays withing the channel overnight.
