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To: rayrohn who wrote (19374)12/5/2014 1:16:21 PM
From: robert b furman  Respond to of 41547
 
So 4 was an expanding flat.

5 takes us to the top of an ascending triangle.

then we have a corrective quick ABC into WWW next week or possibly into expiration.

With a mighty 3 wave break out up into new highs after expiration and into Christmas.

Hey there will be a Santa Claus Rally after all.

Gues my chunk of coal idea was made illegal by the EPA.

Nice chart Ray.

Bob



To: rayrohn who wrote (19374)12/5/2014 1:23:25 PM
From: kckip  Read Replies (1) | Respond to of 41547
 
Thanks! The bullish outlook would have this in the early-middle part of a iii of 3 from your 12/4 low - not acting much like it right now unless it's building a nest to launch from <g>.