Post
Topic
Board Speculation
Re: Critical Levels - EW analysis
by
bl4kjaguar
on 09/10/2014, 09:29:32 UTC
False breakout or...?

..... It looks like a iv rising wedge, the impulsive behaviour is diverging which is not consistent with a hypothetical wave iii breakout. the price must stay under 360, and should not register any further highs before wave v comes. If we break a new high today above 354 then I would say yes breakout and buy.

Stunning accuracy; amazing!  Smiley

Graph after graph showing a fall to 260-280
stunning accuracy.

Markets always change; if you go with his last prediction, it was pretty good!  Smiley