11/25/13

Rising Wedge on ES together with fibo projection of 1640-1772 points to 1823


Since Friday it was quite obvious that the rising wedge on ES as appears in many time frames could extend all the way to 1823 were also the Fibonacci 138,2% projection  of the move from 1640-1772 (most recent no breather) is.


I am going to engage into some short positions once we are there. Yes stepping in front of the bull train once more.  

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