13 July 2006
US Market Hourly Charts 5 Waves Down - DOW 30, SP 500 and Nasdaq
Hinting :
1 Market bear rally or sucker rally or Wave B rebound may have completed
2 Wave C may have initiated
3 A minor technical rebound is possible in short term, which is not tradable, too short
Strategy : Sell / cut remaining positions, if any, during minor technical rebound, start day trading FTSE 100 futures at night time from 6pm to 11pm.
Labels: Futures Trading