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Tuesday, February 14, 2012

Tuesday, 2/14/12 2nd update

The Wave 4 flat idea from earlier today is blown out of the water with the pop up in the ES tonight. Back to the ideas presented in Monday's post, i.e. 5th wave in progress, target in the mid 1360's. Short position from earlier today was protected with a stop and reverse, so now net long 1/2 position.


  1. Did the sell signal get triggered? SPX didn't ramp up till the last 30 minutes..

  2. Yes that sell was triggered but then reversed so back to buy mode - had a short ES on yesterday afternoon with a stop & reverse order (buy on stop at twice the quantity of short position) at 1350 so wound up long on the run up last night- currently long and holding