Technical Trades
Technical Analysis applied to Stocks and Futures.

ELN bullish

ELN-triangle.gif

ELN…when, when? That’s what many people are wondering. I haven’t commented on it for some time now. It just hasn’t set up well.

Well folks, strap yourselves in because I think it’s just about ready to launch. Intraday it’s getting impulsive, so I’d recommend stalking a fuzzy c and buying it. Here’s the intraday chart. Clever traders will wait for the correctives to buy.

ELN - Candle Last Day_5m 2006-10-16 122715.GIF

ELN.gif

No Responses to “ELN bullish”

Comments are closed.