Monday, October 25, 2010

Elliott Wave Update - October 25th

The market gapped up as expected and I shorted a tad early at 1192 but I closed all shorts at the end of the day with a 6 point gain so not a bad day. I think the market is not done going up. I will be looking for higher highs to short (or test of the level I watch to go long) and as long as 1178.5 does not get closed under, I will not stay overnight short or long for that matter. I'll add a chart soon.

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