InvestorsHub Logo

pennies2007

02/26/16 10:16 AM

#136972 RE: Heavyweight #136968

Correct Heavy. This is what's going to drive EA up hard in the end. EU will base here and move up after this Wave 2 pullback. But AU is just building up an initial head of steam to the downside. So they'll move in opposite directions, which will drive EA even harder.

Honestly, there is a possibility that EA still moves back right to the highs. But I'll still bail at 1.58 below the 61.8 retrace of the move down just to be safe.