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Wednesday, December 29, 2010

E-minis [Update 2:18PM]

[Update 2:18 PM: Whenever a wave three, of any degree, fails to extend a nice Fib 1.6 or greater than its corresponding wave one, it leaves open the door for the wave five of the same degree to extend.  This may be happening here.

Where I have i of (v) marked would have made a nice wave (v) top, yet when it decides to extend, this point then becomes subwave one of five. So thats what I did here in my labeling.]
S&P futures hit another new high.
So far NASDAQ100 minis are lagging
As are the DJIA futures
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