Hamilton's E-Wave Analysis

BB update

bb june 14 2013

It took the better part of four months for the initial up leg from , roughly, $6 to $18 to complete. This triangle has now been at it for five months. So we know that it is not a fourth wave triangle so it has to be a B-wave. It could be B in a large A-B-C rebound to somewhere around $24 or the B in a smaller A-B-C down in a wave two targeting about $10/11 For the moment we still prefer the upside but with a stop at about $13.50.