Quote from: chessnut on March 10, 2015, 11:09:28 PM

As wave iv was a triangle (terminal move) and we have clearly five waves to the upside reaching a fair target for wave v, I am confident that a correction or a complete reversal is due at this point. A full retrace of wave v is likely. A break under 1650 confirms a complete reversal for some time. I cant yet say it is a complete reversal with confidence because what came before this impulse is not entirely clear, it could be the case that we just completed wave iii but I doubt it.

Bumping this post ^^

Quote from: podyx on March 11, 2015, 01:24:41 AM

Quote from: RyNinDaCleM on March 11, 2015, 01:16:07 AM

Quote from: podyx on March 11, 2015, 01:14:15 AM

I personally would think a slow and steady growth like we've had the past few weeks would be very bullish?

Is that a statement or a question? Tongue

A question i guess Grin

Ive seen large trends kick off both violently and steadily. We are not looking for one or the other, we are looking for form. I think it is more important that we have large base than steady growth.

Quote from: Bit_Happy on March 11, 2015, 01:22:37 AM

We made it through the winter without seeing a FRONT attack. Nice attempt at fear-mongering, I'll need to learn more about that one.

LOL I forgot about that one. thanks for reminding us, good laugh Cheesy