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Monday, August 16, 2010

Monday 8/16/10 Update

We have a possible ending diagonal 5th wave complete this morning on the move down from the Aug 9 highs.
(on ES)

2 comments:

  1. Good call; it may be a 5th like you said. Covered shorts and went long with a small position but really looking to re-short in a couple days. Need to work on my execution though because flipping positions very early in the session would've been more profitable and less harrowing. Anyway, I'm positioned like it's a 5th except very wary of how high this can bounce--if at all.

    P.S. Did see your email address; just haven't gotten around to it yet. Thanks in advance for your help.

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  2. Same page - see tonight's wrap up.

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