Wednesday, June 10, 2009

942 940 939 942 939...

-short term update-

Above you see the closes of the last five trading days... I hope the market won't be caught in this trading range forever : )


Blue
Today's low should have completed wave e of a triangle. Wave (v) to ~960 should follow.


Orange
I labeled today's low as a wave (ii). Wave (iii) started in the last two hours and should carry the market to 1000+.

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