1 Hr chart.
On october 7, we call that subminuette wave 4 was in place so, next stop is 1,370. Our EW count continues confirming our call. Some days ago we posted 2 alternatives: micro wave 1 or 3 was in place. Time confirm was micro wave 3 in place and, now, micro wave 4 is,also, in place so, micro wave 5 is on play with a max target of 1,370 +/-. In the 1 Hr chart is interesant check out that the subminuette wave a milestone has work, first as a support and now as a resistance. Price should continue its way down to 1,370.
Sunday, October 7, 2012