Time to Get Defensive
On Tuesday morning, before the E-mini S&P 500 futures spiked higher to 1409, I had a question as to whether the potential 1409 target I on my early-morning chart (at www.elliottwavetrader.net) would represent the top of a third wave or the top of a five-wave leading diagonal. In light of that question I suggested that, if the E-minis hit this target, it may serve as a signal to lighten our load.
So, now, with this deep decline that followed Tuesday, many are now wondering if the top is in....374 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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