Friday, May 06, 2011

38.2% Retrace Hit - Potential For Tradeable Drop

Sharp rally appears to be fast bear market c-wave of an hourly wave 2....not a new upleg....adding a few shorts into this strength...

That Gann 60-67 day window off the March 16 lows, that I've mentioned over and over as the Hurst 10 week lows, still lies ahead between March 16 - March 23.

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