ES Falling Wedge within Channel 051309


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  • Ninja
  • 13-May-2009 at 10:25 AM
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  • Ninja
  • 13-May-2009 at 10:41 AM
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Update

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  • Ninja
  • 13-May-2009 at 11:23 AM
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Long reentries

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  • Ninja
  • 13-May-2009 at 11:44 AM
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Broke out of top of Mid TF channel only to run into top of High TF channel. Had extremes on Low TF, and exited again. Will reassess.
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  • Ninja
  • 13-May-2009 at 1:28 PM
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  • Ninja
  • 13-May-2009 at 5:04 PM
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Retested this low and actually went beyond to 880 area, setting up a falling wedge, the beginning low of which is point 3 of the 1-2-3-4. Initial target is the peak just above 883, next target will be the top of the channel. Assess at that point.
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