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.