Wednesday, November 4, 2009

Quick update

As I'm about to head out to work, I thought I would post a quick update. Based on the price action, it looks like we finished our waves 'a' and 'b' yesterday and have started our wave 'c' that should take us to our wave 2 target. Right now we are in a small wave 3 that will likely take us to the Fed announcement, where the volatility will likely put in our small wave 4 and then we should rally the rest of the day to finish off or get very close to finishing off wave 2.


Post a Comment