So, a test of ES 1278ish/SPX 1280ish look likely now.
Update on the April 2010 analogy:
It still looks very good. The market should sell off to ~1270 now and then rally next week without surpassing today's high (above 1303 this fractal is invalid)
Friday, January 28, 2011
S&P 500 ~ Intraday Update 1 ~ 28 January 2011
The market is selling off and we left the ES channel to the downside:
So, a test of ES 1278ish/SPX 1280ish look likely now.
Update on the April 2010 analogy:
It still looks very good. The market should sell off to ~1270 now and then rally next week without surpassing today's high (above 1303 this fractal is invalid)
So, a test of ES 1278ish/SPX 1280ish look likely now.
Update on the April 2010 analogy:
It still looks very good. The market should sell off to ~1270 now and then rally next week without surpassing today's high (above 1303 this fractal is invalid)
