Wednesday, April 28, 2010

4/28/2010 ES Update




4/28/2010

Although we fell from the 1216 projected high we are not heavy with our shorts here. We still have the 1228-1235 area that is a big level.

We have to stick to the pattern and not try to predict the top we must wait until it is actually confirmed and the top is no way confirmed at this point. We are not saying go long because the targets we have to complete this wave are so close to being hit. So on a Swing Trade basis we are flat. On a day trade basis we go with the bigger pattern and wait for intra-day signals.

Tomorrow we could go up to the 1198-1201 area.

Have a nice night,

www.eMiniSchool.com


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