Tuesday, January 19, 2010

My head is spinning...




...and I think I'm going to throw up. Someone just make up their mind and pick a direction, please!!

Well, my key areas for resistance came and went with not much more than a 2 pt pull back before the upward resumed. On the 5 min chart it looks like we put in another completed 5 waves. If we are going to subdivide and go higher, then support should hold tomorrow in a wave 2/b. Or we could just reverse all of today's gains tomorrow ;-).

Key support tomorrow:
1141/1143
1135/1136

Key upside targets: 1160 and then 1168

Enjoy the trades...
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