Monday, October 01, 2012

ES,SPX intraday

A bigger triangle is in the forming. All retracements occurred exactly at 61.8% or 38.2% Fib. Structural wise, could be A(a(abc)-b-c(abc))-B(a(abc)-b..

CPC started to turn down; T1206 in a bullish cycle, but HIO ROC still needs to jump over 2 to end the bearish correction.

Watch purple line for broken down and 1451(61.8%Fib) for possible broken up.


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