Thursday, September 9, 2010

Week of Sept 9 Intraday Look


  • We had a nice 200 pip move down for the start of the week.
  • We've been ranging since then without too much going on.
  • Sept 11th is a major turn date, perhaps that will light the fuse.
  • This chart gives a pretty good wave count to otherwise rather difficult price movement to analyze.
  • So far the Elliott wave model has been key to picking major turns, then the turns happen, they are unbelievable days with huge moves.

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