pennant, page-73

Morning eMark

If you saw my earlier post on this thread I had 9870 as an entry. I wrote that prior to parity, when dollar was around 9890 (didn't take the long unfortunately), and thought it would be a good entry with stop at 9845 to target parity, Given parity was blown off I would not be looking for longs until 9950 (or even parity) is confirmed.

Should be interesting on Monday with the opening. I am not game to say that it is going to gap up or down, but I am glad to see it closed below 9910.

For the medium term targets I am not sure it will get to 9270, but you gotta dream, and it is a bit errie that it resonates so strongly with the gap fill/fib level that helped me pick the top. So it could well do...

I had read some time analysis that mid October was a turn, so I thought that last night was going to be a bigger drop than what transpired. Still, can't complain. If it gaps down on Monday, I'll hold on..