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Post# of 51808
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techcharter

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techcharter

Re: BlissBull post# 43390

Tuesday, 04/20/2010 9:55:07 PM

Tuesday, April 20, 2010 9:55:07 PM

Post# of 51808
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Bliss,

We're looking at different "oil" charts. I'm looking at price per barrel; however, your attention is on XLE, the energy sector. I took a look at XLE for the E-wave count, and it is VERY clear.

Wave A, Zigzag, May 2008 to March 2009
Wave B, Triangle in wave e, March 2009 to Present.

Wave C, Prediction: Zigzag that ends in the $20 to $35 area. This is deflationary!



http://stockcharts.com/h-sc/ui?s=XLE&p=D&yr=2&mn=6&dy=0&id=p94521869652
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