Friday, August 28, 2009

Quick Morning Update

The move off of the morning highs so far looks impulsive. If the bears get a clean break out below 1028, then I lean towards a primary wave 2 top. Otherwise the bulls need to close near the highs to push towards 1050 next week.

1 comment:

  1. Thanks for the morning update. I heard Prechter went full short this morning.