Wednesday, September 11, 2013

09/11/13: Instead of a high at 10am EST, we had a low - ST long

Offset a couple batches of shorts with one batch of long so net short 1 batch of shorts.  Today we ended up getting a low at 10am EST rather than a high.  Given the low at the timing window, it looks like this wave doesn't want to relent.

After surpassing 1687, the next target is approximately 1697 which is the upward sloping backtest.

The next timing window is 9/13.  Perhaps the high occurs on 9/13?  We have a full moon heading into 9/18 so that's a possibility.

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