Elliott Wave Live: S&P Futures: Alert for October 13, 2010

Wednesday, October 13, 2010

S&P Futures: Alert for October 13, 2010

I'm ccancelling the potential trade set-up sited last night due to ON session strength. Traders should monitor price around cited resistance of 1172 at market open. At the time of this post, the ON high was 1174.75. Let's see whether the regular session trades at this level or if the ON session has stolen the day's thunder and a reversal occurs. Expect a gap open. If it gets closed then the gap may have been exhaustion gap.

Best of Trading.

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Wednesday, October 13, 2010

S&P Futures: Alert for October 13, 2010

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