SO .... we didn't hit my target... and it feels like this swing has another move in it....
So... Up futures, Weekend warrior buying..., Dome top.. Expiration Monday sell off.
Some nice false breakout Head and shoulders... but a nice rolling top through 11.
the other possibility is a forming Ascending... this possible ascending is more legit than the other one. because this first swing is a full move into resistance.
This move should have just put the bears through the Roof!!! very pissed...
my target still stands 93.60-94.0 I'm not sure if I have gamed that out.... I think the real number is 93.80-94.0... so 93.30 and above would be a smart way to game that out.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Friday, May 8, 2009
ok.... my call
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