Since March, we are following the $COFFEE, because we are interested in the price of coffee grains. Until now, the 50% retracement is working fine so primary? wave 4 is in place?.
Wednesday, May 23, 2012
Posted by About me at 5:51 PM
In AAPL chart, a wave 4 has work ok with a support at 50% retracement. Price is due for a wave ( extended?) 5, up.
Posted by About me at 3:48 PM
As we posted early, yesterday we forecast a wave 4 in play, but this, really, was a wave 2. Both waves were inside a bullish setup, but this wave 2 is more bullish, because now we, maybe, have a wave 3 in play and up we go.
Posted by About me at 3:07 PM
Posted by About me at 11:48 AM
Posted by About me at 11:43 AM
Always are principal count and, at least, one alternative count. We were sticking to the wave 4 as principal count, because yesterday 3% motive wave. In any case, a retracement as wave 2, can be more bullish, because when this wave can be in place a wave 3, up, will come next.
Posted by About me at 9:13 AM
Wave 4 has been negated, early today,after three defenses of the 50% retracement, so we have to stick to the alternative count, which, at last, is more bullish because, IF we are in a wave 2, then will come a wave 3,up.
Tuesday, May 22, 2012
Posted by About me at 7:35 AM