Monday, November 16, 2009

sold one unit at 1108.50


extrader said...

Great trade Carl!

Looks like volatility picked up this morning... market looks strong for the first hour so far... lets see if it can continue!

extrader said...

NYSE and TICK strong... could be a UP day!

Jim said...


Nice pick off on that rally.
You makke it look too easy!

jeff said...

I think Wave IV of this last Wave V process completed itself at S&P 1112(cash). Using a 38.2% retracement of Wave III's length should find ourselves at 1102 before Wave V takes us to 1120 or so.

I think this process will be complete by end of day tomorrow/early Wednesday.

After that, I'm looking for either the start of many 5 wave down processes to start or one last ABC retracement and Wave V structure.