Thursday, August 6, 2009

Intraday expectations for 8/6/09

From last night's email and posted at:

"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:

Reza said...


So do u expect a up day tomorrow.
Also can u look at FAZ, I am holding it has been dropping every day.