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Monday, October 1, 2012

$AMRN: Primary EW count on play. Wave 3,down.

The alternative EW count is negated so we have to sick to our primary count.

$AMRN: EW count and forecast. Wave 2 from a bigger wave down is in play.

We have post earlier that the target for wave 4 was done so, a wave 5,down, is in play. We don't know in which sub waves we are now but a first wave 1,down, is in place and a wave 2,up, is in play. The maximum move up for this wave 2 is the dotted line, because first EW rule.

$AMRN: 15 min EW count and forecast.Low trend line working.

If the lower tend line work then the odds favor this alternative count.