Wednesday, December 2, 2009

1115 was hit!

1115 was hit today, this gives us close to the 50% retrace from top to bottom since the 07 top.

I would like to see a major gap down tomorrow to prove this structure.

If we don't see follow thru to the downside from this 1115, we will most likely touch 1121 and this will give us a final 50% retrace movement