NewStream Energy Technologies Group Inc (NSGP)

[trader53]

A Rally that I'm referring too, is comprised of 5-Waves.

Todays movement down is the bottom of an A,B C correction, of the 1st of 5-waves.

Each Wave, is made up of 5-smaller waves.

This current "Rally", a 5 Wave structure, followed by an A,B,C corrective phase, is ending today, but will be followed by 2-more waves over the next several days.

So, when I say RALLY, I mean that we are in the beginning of a much larger RALLY.

I hope that's not too confusing.

http://www.optionsoutlet.com/trading_technicals/images/improv25.gif

http://www.optionsoutlet.com/trading_technicals/images/improv32.gif

http://www.babypips.com/images/elliott-wave/5%20wave%20color.gif

http://www.acrotec.com/ewt.htm