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Post# of 140146
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pennies2007

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pennies2007

Re: Heavyweight post# 137867

Thursday, 03/10/2016 9:26:26 AM

Thursday, March 10, 2016 9:26:26 AM

Post# of 140146
The initial move down on AU from the peak was a really nice 5 wave pattern. So we'll call that Wave 1 down in EW terms on pure price action.

So the move back up would be Wave 2...deep retrace of the first move down.

Next comes Wave 3 down which is normally a doozy.
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