Wednesday, November 10, 2010

KRAS - ELLIOT WAVE 1 (MINUTE COUNT)

KRAS OPEN 950, UP TO 1100 (WAVE 1-i), IN A MINUTE PULLBACK TO 1010 (WAVE 1-ii), THEN RALLY FAST TO 1250 (WAVE 1-iii), AGAIN PULLBACK TO 1150 (WAVE 1-iv).

WE SHOULD SEE ANOTHER PUSH UP TO ABOVE 1250 WITH TARGET @1300 (WAVE 1-v) LATER SESION 2 OR TOMORROW.

MINUTE STOP LOSS BELOW 1200.

CANDLE IS NOT SHOWN BECAUSE AMIBROKER NEEDS AT LEAST 3 CANDLES (3 DAYS) FOR A NEW SYMBOL.