Hamilton's E-Wave Analysis

IMG, IAM Gold update

The then (June 3d) and now charts;

The predictive value of Elliott Wave never ceases to amaze me. The stock rebounds right into the area of the triangle as indicated after first dropping substantially in the b-wave of the a-b-c. We are now on our way to new lows, or, alternatively, this correction will become much more complex (don’t think so).