May 17, 2010From last Tuesday morning’s update:
Originally Posted by yahoogle If there is still a wave v to come, it could test the prior failure level around 1173; beyond that is critical resistance at 1177 and 1183.
And from Wednesday’s:
Originally Posted by yahoogle Bears will need a sustained gap-down, preferably, and continued lower highs and lower lows (…) past 1136, which was the breakout level, and key Fib area, then the downtrend could easily resume, leaving behind an upward AB12345 as a potential wave (2).
The above criteria were met by last week’s subsequent action. ES . . . → Read More
