Hi everyone :)

Here's hoping everyone had a fantastic 4th of July. I sure did and was out and about for 3 days and had my three favorite F's Family, Friends and Food!! 

Now on to the market on Saturday I did a chart that looked very bullish to me and I was even bullish on Friday as most of you know. Well that turned out to be a day early (ouch) Yes, even I have times where I can be a hair early, but you know the saying....better early than late hehe ;-D

Here is a chart of the mini's 

 You can see a falling wedge that turned out to be bullish this am. Glad I cut shorts on Friday (of course I am hedged) and am positioned long for today. You can see the stochs are just ridiculously oversold, how long will this last I have a target of 1070 or so possible by OPX. Don't forget that OPX is historically a bullish week and with these oversold conditions and light volume ( allot of folks take Vacation 1st of July and take the whole month (kids go back to school in August) so the volume will be light and most likely we melt up.
I also think we might see a huge short squeeze according to the CPCE that can be fairly violent.  So no I am not bullish long term, but as in anything there are waves and this is a corrective wave up

My Count has us completed minor wave 2 and now in Minor Wave 3 down. I believe we have completed minute Wave # 1  and will have a corrective wave minute 2 to around 1070 level before we resume our move down.

Now have a terrific day GLTA  Peace Love Anna