Interesting Crude Oil Wave Count.:cool:
Crude Oil may be in Cycle Wave V)III and ending at $108, but the wave can be extended and Crude Oil goes to $200.:( Why this time is different? At the peak of Cycle Wave V)I China was an exporter of crude oil to some friendly country and OPEC could...
The answer to the question "How?" begins to surface.
Last Updated: Saturday, 27 October 2007, 06:37 GMT 07:37 UK
Biofuels 'crime against humanity'
By Grant Ferrett
BBC News
http://news.bbc.co.uk/2/hi/americas/7065061.stm
And in June 2008 the Market would be around
(1.4391=13806.7,1535.28,2804.19,91.86)
1.7=16309.77,1813.61,3312.57 and crude at 108.51.:eek:
by simple math.
This would be the Best Case Scenario.
Status:
Short position closed near 70,7,14 points down move when there was a lower low and long position opened. Long position closed when v = iii and there was a lower low.
Scenario 1:
Minute Wave .2 had ended at around -820.3,-73.8,-135.86 below September high. Subminuette Wave i or...
To Mup & elovemer
I think the worst case scenario is -820.3,-73.8,-135.86 points down from the last Friday high in the Dow, SPX, NASDAQ respectively, i.e., 12939, 1450, 2674.
Sad Movie usually ends like this.
Bull Market runs for many years. The Market tanks by surprise. Traders get out, institutional investors get in. The Market tanks further, institutional investors are in a losing positions with no more cash to shore up the Market. Those in charge step in, do...
Status:
Long position opened at the intraday reversed Head and Shoulders confirmation.
Scenario 1:
Minute Wave .2 had ended at around -820.3,-73.8,-135.86 below September high. Subminuette Wave i or Microwave .i-.v is was 273.9404, 28.88, 99.27 points long. Subminuette Wave ii or Microwave...
Thanks Mup for the illustrative charts.
I thinks the Market will reveal its intention on Friday, whether it is in a ã wave and will go down a little bit further or it is in a iii wave and will go up for good.
10-days chart looks like a "Flag".