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Wednesday, March 24, 2010

Wednesday Wrap Up

Vindicator Buy/Sell still in buy mode, although buy line curling down and sell line curling up. Stoch also close to buy signal area.  If a long play is made here it would be a low confidence trade IMHO.
EW pattern since Monday is quite muddy so I won't venture to make a count on it until it resolves.
ES still firmly in daily channel up from early Feb low.