Longer-Term Market Trends Message Board

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Strategies & Market Trends : Longer-Term Market Trends

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To: patron_anejo_por_favor who wrote (1411)	7/20/2008 10:59:32 PM
From: Moominoid	Read Replies (1) of 3209

Your letters on these counts are incorrect labeling but that is secondary. The most obvious count for oil from 1999 up is 5 waves. Question is whether wave 5 is complete or not. Now it could be that this impulse wave is incomplete as you suggest, but we'd need a good reason for that and it isn't there in the chart as far as I can see.

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