Tuesday, August 7, 2012

Wolfe wave update

Still tracking the Wolfe wave. The hump suggested by the attached article is complete. If break back into the yellow channel tomorrow, the target is the red line. The chart also presents it as a flipped Gartley which may give an indication of the actual target.

http://www.investopedia.com/articles/trading/05/040405.asp#axzz22R8Q2DvD


 



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