Composite long term. Technicals look like there are running out of momentum.
Friday, October 19, 2012
This chart of the e-minis, all-hours, doesn't look like a Minute [ii] of Minor 5 pullback. The selloff today was quite bearish and inflicted some technical damage. So the evidence that the market has topped looks strong from today's price action. Yet we still require a lower low
Posted by Daneric at 6:00 PM