Hi Codetroll,
Perhaps this view on a weekly base is most clear.
It is known the quotation almost never returned to in V form. It ls necessary other leg.
See de pairs of point A and B, and A2 and the future B2
Salut
Hi Codetroll
In the figure the higher RED line IS the basis of parallels dotted lines based on the two previous minimum. The blue dotted lines are horizontal supports of Fibonacci.
In the other hand I think my first figure in this post is giving a new informatio, because the blue upper...
Hi,
I'm sorry. By calculation the first objective after yhe main objective was achieved is 10.495,17 and was also achieved de last 11/23.
Pay atention to the support. A new minimum is necessary to support any main recovery.
Salut
Hi,
The main objective is achieved. The history has been
12/1/08
http://www.elitetrader.com/vb/attachment.php?s=&postid=2201607
1/4/09
http://www.elitetrader.com/vb/attachment.php?s=&postid=2245978
1/7/09
http://www.elitetrader.com/vb/attachment.php?s=&postid=2250454
That's all...