Todays Waves on ALSI futures

[Rams]

10 minute chart: Wave now,those who did not get in waiting for a pullback and those who got in will pull back, that will be wave 2. Then wave 3. Wave 5 possibly when New york opens. Confirmation, 10 minute ovebought, 30 min and 60 min oversold but momentum up. Alternatively, 30 minute chart, wave 5 down but stoch does not confirm. As long as trend up on 30 and 60, pullbacks on 10 min are buyable.This is predictive and should be reactive, so every bar on the different time intervals will tell us more, dont pre-empt . Lets see how this turns out.NB-disclaimer.....

[Rams]

You guys watch this, have to go back to work!

[Rams]

Classic Elliot Waves,showing typical market psycology. The 2 pullbacks at the extemes of wave 2 and wave 4 were very profitable longs on the the 10 minute chart and the stochastics confirmed the trend in the larger time frames and the trades in the smaller time frames!