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Friday, October 8, 2010

E-minis [Update 3:10PM]

[Update 3:10: RUT could be an ED.]

[Update 2:45PM: Looks like it was a [C] wave of a 3-3-5 flat perhaps.]
[Update 2:18PM: 5 wave down structure in there somewhere from today's peak.]

Good luck!
And courtesy of Sentiment Trader http://www.sentimentrader.com  the AAII 4 week survey average.  Well you cannot say there is excess pessimism. 4 week average is highest since May 2008 I believe.


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