S Sprint Nextel, precise update.

S mar 18 2011

So far, so good. Applying the following rules/guidelines:

1. The “thrust” more or less equal to the “mouth”.

2. Waves C and A are often equal either absolutely or as vectors.

3. The top often occurs perpendicularly above the “apex”.

4. C must be a five wave move (all C waves are!), see red.

……. we get a precise target of about $8 in about 4 to 5 months. Time will tell!


By the way, these triangles are very reliable patterns. The G-whatever intervention against the Japanese Yen came at the exact time that it should have, see a few entries ago.