January 24, 2013
Mini-Russell Anchor Chart Prep
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| Mini-Russell Anchor Chart |
This morning we are watching the mini-russell breaking to new highs above the PHOD and giving us many set-ups to consider. First we are looking for a wave set-up b/c we are trending on the TF. We can see Symmetry resistance overhead, right at the same location at the highs of the channel. Keep an eye on this if we fail to make new highs, and if we get back below the PHOD we are selling short with a InsideOut set-up. take your profit at the lows of the bull channel and then look to buy the lows of the channel.
