For details, see the post below called "Possible ES timeline"
4:29 AM update: Ok so the inverse Head And Shoulders did develop as expected and noted earlier before it formed. And it formed as expected because 1020.50 low to 1027 neckline is 7 points....projecting a target of ES 1034 (1027+7). All as expected, classic action (so far at least).
This is exactly why I exited that SDS position afterhours yesterday (post below somewhere).
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
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thank you Chris
ReplyDeleteold john