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Try Harder!

Try Harder!

by The MoleFebruary 24, 2009

UPDATE 11:17am EST: It’s trying but not getting out of the gate thus far.

However, it’s possible that this is only a small consolidation before we descend further. I’m counting minuette waves down now and this could be 8 of probably 9 to complete Minor 3 of Intermediate (5).

I’m going to grab breakfast now for 30 minutes – keep a lid on the market while I’m gone 😉

UPDATE 12:00pm EST: Channels within channels:

Some SPY channels to watch. If you watch closely you can see a little inverse H&S – requires some imagination I know. Not sure what to make of this now but we should have resolution fairly soon – one of those lines will be broken.

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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