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"This suggests today’s Lows will be retested tomorrow (8/6). There is an Apex of the wedge on the 5 min chart at 2.35 pm+/- tomorrow that ideally should be the Low.
The odds are tomorrow is expected to retest today’s Lows, either at the midday Low or at the 2.15 –35 CIT Low."
Intraday 5 min CIT Times 08/06/09: 10.35-11.40 Hourly APEX, 11.45, 12.10, 1.00, 2.15, 2.35+/- Apex and 4.15 pm EDT"
Actual: The 5 min Apex arrived at the 2.10 CIT Low of the day.
1 comment:
Raj,
So do u expect a up day tomorrow.
Also can u look at FAZ, I am holding it has been dropping every day.
Thanks
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