Possible 5 waves up into 1464.75 high. Waves look corrective. Wave 5 diagonal triangle? The purple lines show a rising wedge formation. IF this is indeed a wedge formation pattern, and a wave 5 diagonal triangle pattern, THEN look for a much deeper retracement.
Friday, February 23, 2007
ES #F 02.23.2007
Posted by TraderZ at 2/23/2007 03:30:00 PM
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