Stop & Start
May 22nd, 2009 at 9:51am · 2 Comments
The eMini closed the first hour 1 tick above the 60 net-line buy level at 889.75. It appears they will try and have a positive pre-holiday session. You would think that there would be huge at the 896-898 where there has been mulitple net-lines over the past week, but we’ll see when we get there. There’s an active 135 net-line buy level at 914.50.

click chart to enlarge

click chart to enlarge
Tags: S&P 500
2 responses so far ↓
1 Rrman // May 23, 2009 at 2:02 pm
Chris, what day does the solar/lunar show for the upswing to begin?
2 tobject // May 23, 2009 at 2:15 pm
Gold in ABC up. Elliott Wave Forkology Update
Sorry to disappoint Gold Bugs waiting for Wave 3 up. I was thinking why I can’t fork gold as an impulse from 1999 low. The only logical conclusion – it’s NOT AN IMPULSE but an ABC UP. Here I just flipped gold chart and you can see it’s an ABC. I’m not saying it can’t go up, I’m just saying it’s not an impulse. Definitelly not an impulse.
http://forkoholic.spaces.live.com/blog/cns!233C658FDE78D41A!526.entry
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