Thursday, 23 May 2013

E mini S &P: Will we hold here at 1632.75 on this median line or are we going lower? It looks like a mini pitch fork CL failure and we will go lower

 Will we hold on the LMLP of this fork
 This is the price action/distribtion around this line

 Or are we heading lower towards 1620 and the blue CL?
 Here below is the same fork plus reaction line matrix

Heres the 5 min TF 30 mins before Wall St opens and we have a CL failure SO FAR with this horizontal fork

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