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Re: javalin post# 74307

Tuesday, 01/25/2011 5:15:03 PM

Tuesday, January 25, 2011 5:15:03 PM

Post# of 140146
I wouldn't attempt to short it right now. That hit at 1.37 completed a minor Wave 3 movement. The consolidation we see right now is a minor Wave 4. That means when it finishes, there will be another move up to complete minor Wave 5.

Here's the chart with the wave counts showing what I'm expecting this week. After we hit that double top, we should get a really nice pullback on EU.


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