Here it is, the day in a nutshell. We hit our pivot point and sold off, should have stuck to my guns but played it too safe, I just noticed now we have an inverted Head and Shoulders pattern forming on the 5 min. Looks like 998 will hold and we may be off to another rally tommorrow. Let's see how this will play out.Monday, August 10, 2009
ES Update, possible Inverted Head and Shoulders
Here it is, the day in a nutshell. We hit our pivot point and sold off, should have stuck to my guns but played it too safe, I just noticed now we have an inverted Head and Shoulders pattern forming on the 5 min. Looks like 998 will hold and we may be off to another rally tommorrow. Let's see how this will play out.