05/08/12 – Bought © ™

MY CHARTS

BUY/SELL SIGNAL IN FORCE

Buy on Tuesday 5/8/12

WHAT’S HAPPENING

Moments ago I bought and I’m putting in a stop below prior lows.

It’s one of those wild speculative things that I do when the count looks about right.  We have to wait and see confirmation regarding holding the present low, followed by higher highs.

***********************

BECAUSE I WANTED A FAST UPDATE, I HAD NO CHARTS IN THIS UPDATE.  EVERYTHING BELOW THIS POINT IS AN AMENDED BLOG UPDATE.

I’ve added these charts a few minutes later to the above update.

Here is the suspected wave count since May 1st.

05-08-12 SP FUTURES 30 MINUTE BARS

Here is the wave count in the 5th step down (white) or 3rd step (red).  We are presently in the 5th step down but it looks finished to me.  I’m watching closely for a deviation from this count.

05-08-12 SP FUTURES 15 MINUTE BARS

All Rights Reserved  © ™

Advertisements
Explore posts in the same categories: SELL - BUY, UPDATE

One Comment on “05/08/12 – Bought © ™”

  1. focus12345 Says:

    Thanks Bob.

    Like


Leave A Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s


%d bloggers like this: