Tuesday, November 24, 2015

11/24/15 - EOD Update

I went long today and hope the H/S plays out. Was looking for the dip to 38% retrace so we'll see if this is the case.

The bears lost their impulse when the bulls tore thru the red horizontal line. The bears' next best count would be a double zig zag should a lower low occur.

I didn't highlight it on the chart below but a smaller inv H/S could be forming that would target approx 2120.

15 Min