Monday, October 15, 2012

FAS Charts

Maybe you liked FAS from Friday or earlier today in which case you got a better entry, but for just putting that out, I opened FAS just minutes before it started to run in to the triangle.

 Here's the triangle that is all part of the head fake move, this will eventually end up being a Crazy Ivan double head fake move.

 The post at 3:41 was several minutes before the move started here.

 The 2 min intraday chart went just negative enough to consolidate FAS where I think like the rest of the market, short sales were accumulated by smart money.

 The 5 min chart added to the leading positive position

 As did the 10 min

And even the 30 min.

Wow, that I can't ignore.

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