Jan 8, 2014


Short term I am not sure what to expect... my feeling tells me one more wave higher is missing. Inverted H&S measures 20 points with target 1860 which is the second target I mentioned several weeks ago.
The short signal which I have posted is still at a profit, but I would not expect much. Put it on break even around 1840. Move above 1840 will trigger long signal.

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