SU Suncor

su apr 2012 ends

Suncor (see previous highly precise blogs), of course fits the above pattern to a T, the only difference being that it is not yet as far as 5N Plus. If the C ends up being more or less vector equal, it should make a new low below $18 and could do so on a point on this circle. It would certainly come as a surprise to many that seem to be wedded to the idea that gold and oil have nowhere to go but up. Time will tell!.

You can enlarge both charts and move one up so they end up being side by side. The similarity will become more compelling , especially if they are properly aligned with regard to time!