Hamilton's E-Wave Analysis

RDS.a , Royal Dutch Shell , update.

rds2011

Just a quick update on Royal Dutch. Nothing has changed except that the A-B-C retracement probable completed a few weeks or so ago. The sheer geometric precision is a little marvel in itself but the possible implications are even more intriguing as they run completely contrary to the present wisdom in the street that seems to have it that oil will go up.

For whatever reasons, this stock seems destined for $34 or lower!