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To: Galirayo who wrote (129516)2/13/2006 10:51:05 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Missed that. But, what is this MUR structure now? A Broadening Formation? Is that bearish in this context? Or, are we correcting the first impulse up which took place after a large Running Flat ended on Oct 20? If the latter is the case, it should turn pretty soon.

Now, if you look at the hourly, you see a very sharp three-wave decline, the first leg bottoming on Jan 26. Is it an ABC? A 1-2-3? Interesting how it acts going forward.