Wednesday, May 26, 2010

Intraday Update 26 May 2010

Just a short update so that you don't fall asleep since nothing is happening at the moment.

So far the ES hit 1089 (instead of 1093) and 1077 (instead of 1080) and acts according to my fractal.

Will we see a rally to 1102 into the close?

I think we need to stay above today's low at 1077 to get this EOD rally.

And even if we don't rally to 1102 the fractal looks still very good, doesn't it?

Edit 2.30 pm: Take yesterday's chart turn it upside down = today