Thursday, May 30, 2013

Futures

This morning, this is all that really matters to me at this point...
 The SPY is set to open right where the "W" pattern left off.


Index futures are in line on intraday charts.

*This is an area where we want to be extra careful, I'm sure I'm not the only one who sees that "W" base, therefore there's always the possibility it is a trap. I'd think if it was, it would fire off partially at least before turning so we need to be on our toes and frosty.

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