Wednesday, June 22, 2011

S&P 500 Intraday Bias, 10:00 AM

Positive but approaching over-bought
at 9:58 AM Labels:

5 comments:

  1. AnonymousJune 23, 2011 at 8:14 AM

    Expect LL for real bottom before launching a Big Rally...only that this sounds so so familar almost textbook "terminal moves", chapter 1... LOL

    Best
    Anon :)

    ReplyDelete
  2. George RahalJune 23, 2011 at 10:06 AM

    A LL would make this a 5-wave drop, which makes sense if it is a subset of a c-wave

    ReplyDelete
  3. AnonymousJune 23, 2011 at 11:33 AM

    Yup looks like we may see a failed or flat 5...they can never do the things properly these guys!! :)

    But seriously I think is really a little early and seeing some more relative time, not much more, to resolve a couple of tech issues...

    Best
    Anon :)

    ReplyDelete
  4. George RahalJune 23, 2011 at 2:50 PM

    We'll see...

    ReplyDelete
  5. AnonymousJune 23, 2011 at 3:08 PM

    This is the kind of "weak top"-"weak bottom" setup....really annoying since one, prolly both, will be removed...the only q is to know witch one first LOL

    Best
    Anon :)

    ReplyDelete

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