06 March 2007
CG Tech Elliot Wave Analysis
weekly chart: waves (1) (2) (3) completed, wave (4) started from .845 and is in progress, which will correct the whole wave (3) (.24 to .845), tg of wave (4) correction is .545 / .47. but do note that the correction is not a straight line, wave A of wave (4) almost done, wave B rebound will follow soon, do not worry too much, you have opportunity to exit / cut near high of wave B that targets .725 / .755.
weekly chart: waves (1) (2) (3) completed, wave (4) started from .845 and is in progress, which will correct the whole wave (3) (.24 to .845), tg of wave (4) correction is .545 / .47. but do note that the correction is not a straight line, wave A of wave (4) almost done, wave B rebound will follow soon, do not worry too much, you have opportunity to exit / cut near high of wave B that targets .725 / .755.
Labels: Elliot Wave Analysis