Friday, November 20, 2009

Which one is it?


Bullish lowering wedge or descending triangle. Keep in mind this descending triangle also has the 50dma ... a break through that 50dma ... and boy we are off moving.
Posted by chaugner at 9:46 AM

4 comments:

  1. chaugnerNovember 20, 2009 at 10:46 AM

    I would really like to see 1084.25 here. We should have a small push higher now (not exceeding previous high) and one last run lower for a new LOD for cash hours right at ES 1084.25.

    Will take a long there as I am seeing a bullish wedge.

    ReplyDelete
  2. chaugnerNovember 20, 2009 at 11:20 AM

    long here

    ReplyDelete
  3. chaugnerNovember 20, 2009 at 11:33 AM

    also have a lotto trade in as well. Limit buy 1084.25/stop 1082.25.

    Have to leave shortly and leaving both trades with limit orders.

    ReplyDelete
  4. chaugnerNovember 20, 2009 at 11:45 AM

    ok this should be it ...

    ReplyDelete

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