UPDATE

OK, out of short, and now long!

SSO @ 39, stop at 38.50

FAS 12.08, stop @ 11.93

TNA 37.88, stop @ 37.47

BGU @ 49.27, sto 48.67

QLD 69.88, 69.42

FDX 73.25, stop 73

NOte this could be wave 5, i’m going out for a bit so I didn’t want to wait for wave 2 pullback after this fifth wave concludes, but it could also be wave 3, anyway my signals say go  LONG

About alphahorn

I received an MBA from Columbia University’s Graduate School of Business in New York and am a Wall Street veteran. I’ve worked for a number of investment banks including Smith Barney and First Boston/C S First Boston in New York. Over the years, I have developed my own Proprietary Swing System and I combine that System with my own Elliott Wave Analysis to trade.
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