Wednesday, February 5, 2014

BOTTOM IN. REALLY?

Letting the price action come to us worked out nicely as we had one more low left floating around.  The new low in the S&P lined up nicely with what appeared to be incomplete structures in both the Nasdaq Composite and the Russell 2000 which now seem complete with today's price action.  Expectations from here are a retrace back towards green ii/b and 1800. 

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