Tuesday, September 6, 2011

The Bat Wing Formation in the S&P500 Today (SPX)

with fib spiral

The batwing worked for 10 handles as you can see below. though the machines and or buyer/cover(er)s refused to give up. Keep an eye out for the bat wing.
5 min
1 min ES_F.. what is this morning? the reverse head and shoulders fake out bat wing? your guess is as good as mine.. 

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