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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: skinowski who wrote (9367)11/19/2008 5:58:53 PM
From: skinowski  Read Replies (2) of 41419
 
November mini-crash in USO -- looks like an impulse, possibly completed. Wave 3 = 78.6% of Wave 1, and W5 = 78.6% of W3.

If this hypothesis proves to be correct, it should turn almost right away. Below 41.65 the third wave would become the shortest, which is a no-no.

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