Inclining wedge

Hi Students & Guest's...

12:15:14 {Marsh} Inclining wedge...it's a bearish pattern 12:15:51 {Marsh} anticipate the 1 -- 2 move

This was a note I posted in the Hotcomm room today...

This was a good illustration of an Inclining Wedge...see attachment.

What a ride if you went short on the second candle below the MA on that blip (reversal pattern) and at a time when the ES likes to move toward the low of the day...patience, patience, and something will come along and make your day, out of lousy morning session. Hey... ya gotta love it.

Thanks to those who sent me an email today...I appreciate your thoughts; and your insight trading the eMini S&P.

All of you new students...please participate in the workshop. I can't help you unless you communicate. There are no dumb or stupid questions...only answers.

Roll over tomorrow...

Your thoughts...

Marsh

Quote for the day...

Patience is power. Patience is not an absence of action; rather, it is "timing"; it waits on the right time to act, for the right principles and in the right way.

Fulton J. Sheen -- Clergyman