Daily Recap Wednesday March 9, 2016

Posted on Wednesday March 09, 2016

Today is going to be brief and without the typical template. 

Tomorrow is setup to be a big day with the coil and Draghi.

 

We have completed a 5 wave correction and have the potential for a H&S, that can not be ignored. This is either a H&S or some kind of consolidation wedge. It can go either way with the fed catalyst.
Downside target 1946
Upside target ~2030
Gun to my head, it breaks higher.
Execution plan should be straight forward.

 

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