Two ABC Bullish Pattern Trades
December 17, 2012 6:12 PM

Today was a great day with both ABC Bullish Patterns worked. Late in the trading around 3pm, second ABC Bullish pattern emerged. The second pattern is more stronger pattern than the first pattern. Today market Gap opened and traded higher most of the day. Second ABC was developing above Mid Fib. Band 200-SMA late day. This usually is strong case for its rally. I traded second ABC Bullish from 1418.5 to 1424.5. By close, ES traded even higher at 1428.5.
First ABC was described in the morning blog post.

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