Friday, September 17, 2010

S&P Futures: Watch Alert for September 17, 2010

The ES_F hit 1132.75 in the ON. Previously discussed targets of 1134 +/- 1 % have been reached. Let the market commit to you before you commit to it. I need to count 5 waves down in an impulsive manner followed by a 3 wave countertrend move up to act. Should set up a great selling opportunity against recent highs.

Best of Trading

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