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Friday, November 5, 2010

E-minis [Update 3:40PM]

[Update 3:40PM: My revised count. Based on Fib expansion ratios, there is no reason to expect wave 3 to expand much more at this point.]

Is gold seeking the upper trendline at $1500?
AMZN's indicators show a loss of momentum despite its shiny new price high yesterday.  Yesterday's candle looks ripe for reversal.  The OBV may be telling the story. AMZN may be old news.
CRB has almost reached its little inverted H&S target.

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