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Friday, July 22, 2011

E-minis [Update 1 PM]

[Update 3:07 PM:
[Update 1:45PM: Lets see if this count is correct or not and if there is one more push today.
Key price marker is today's low.
[Update 1PM: Minor 5 count update. Price action is making a good case this is Minor 5:
[Update 10:36AM: Still way too early to imagine an [e] wave forming its own triangle but if it did here is a proposed pathing:
At the channel
Current up channel
Oil has a potential inverted H&S:

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