Wow...doesn't that look so easy?
Edit: as of now the minis have made a higher high, which tells me minute ii is not done. I would expect another shot at the 62% retrace(107.55).
(9:30p est)In fact the minis have touched their 62% retrace exactly. I expect a gap up in the morning and at some point 107.55 on SPY. Of course its possible to retrace higher, its worrisome if we get beyond the 78.6% level.
Sunday, November 8, 2009
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