wednesday, page-20

Hey guys...
I've ran into some bad luck recently... So i would like to run past these ideas with you guys before i go any further..

So i've posted the wedge that CMC marketmaker has drawn up for me and yes i was aware that yesterday there was 2 other charts on showing head and shoulders and one a triple top.

So the way i see it is today we hit the 23.60% beautifully at 4620. Given that they are going to announce more POMO nights tonight, and that we've hit the bottom of the wedge, hopefully the US will make some positive ground, we will be heading at worst sideways? and at best with the US?

Now the S&P has a very similar wedge however it looks like it might be hitting the top of the range which by my figures is at ruffly 172.5 which is the 100%.

So could S&P looking for a break out tonight? Even if it doesn't the way i see it still might be safe going long on the XJO?

Once again first details post, will gladly be happy to hear any and all criticism...