may have to adjust my X a bit...but haven't changed the count
http://stockcharts.com/c-sc/sc?s=$WTIC&p=D&yr=2&mn=4&dy=0&i=p85998838996&a=95543578&r=6429.png
WTIC
Started by
eminimee
, Feb 02 2007 03:06 PM
5 replies to this topic
#1
eminimee
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Posted 02 February 2007 - 03:06 PM
#2
fib_1618
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Posted 02 February 2007 - 03:17 PM
Nope, you don't need to change the correctional part at all as your indicators solidly support your count proposal.but haven't changed the count
Nice work.
Fib
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#3
CLK
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Posted 02 February 2007 - 03:19 PM
I think seasonal demand is going to take oil back
to 70 or better over the next couple months.
#4
Russ
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Posted 02 February 2007 - 04:28 PM
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#5
eminimee
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I don't care who's fur is flying...
Posted 02 February 2007 - 05:00 PM
right...and we've kissed back to that neckline this week.....has to turn down now
http://stockcharts.com/c-sc/sc?s=$WTIC&p=D&yr=2&mn=4&dy=0&i=p85998838996&a=95543578&r=6136.png
http://stockcharts.com/c-sc/sc?s=$WTIC&p=D&yr=2&mn=4&dy=0&i=p85998838996&a=95543578&r=6136.png
#6
borland
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Posted 02 February 2007 - 05:47 PM
Good count and target, however I agree that seasonality will prevail...
So should hit your targets, just not that soon. I don't expect a nice channel, I'd watch for more breakdowns of falling wedges, with some smaller rising wedges along the way.
