Monday, February 20, 2012

E-mini SP500 Update



I see a 5 wave move in progress in the e-mini sp500 so I am assuming the fifth leg will be put in overnight or early morning. So my plan is to buy volatility or short on margin at the open unless this wave truncates. The 1370 has technically been reached but it would be ideal to see this in the cash market, actually the perfect top would be 1376.

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