Hamilton's E-Wave Analysis

TSE

tse sept 2010

Using the same approach as with the World, the 62% retracement was at about 12206. We tried to get to that level a few times, even exceeding it for a brief moment and about 100 points. Just a few weeks ago we were actually below the levels achieved late September, exactly a year ago. Very frustrating for both bulls and bears, but nothing here to get bullish.