Shorts Are Being Shaken
As I have been afraid of and been warning about since last week before I went on vacation, as long as the market held the 1490 Es level, there was still the potential to target the 1520 Es level. Right now, it does seem as though the market has its plan set for that target.
As for the current wave structure, we seem to still be within wave iv of wave (3) and we will likely be targeting the 1514ES region by as early as Wednesday morning to complete wave v of wave (3). As long as the market holds over the 1503ES level, this is the primary count for a final impulsive wave....73 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
