depending on which neckline, the upper hns has broken and is retesting the neckline, the lower poised to make a right shoulder, this is rth only bars
FYI I am still short some TF but will get smaller around this: RANsquawk US President Obama to make a statement at 1530ET (2030BST) Economic commentary Source: Newswires Fri, 13:59 27-09-2013
News is already out though (market not impressed) http://www.marketwatch.com/story/se...e-government-open-2013-09-27?siteid=bulletrss
Havent done the computation but below this week' low seems safe (except for afterhours of course). If nasdaq takes this weeks low, game over for it's strong uptrend.
hafez 50 covers 10 of my 20 es's left at 1673.25. have 10 left. As I said I would see this trade threw to its conclusion