Thursday 10 May 2012

1pm update - more choppy moves

Watching the 15min cycle this past hour, looked like a possible baby H/S formation on IWM..but it just busted upward.


sp'60min - H/S formation chart


*sp'1375/80 remains prime target for this wave'2 /right shoulder....1379/80 is also the 50% fib' retracement.
--

More later!