BTU update

Then – Oct 24, 2012 – and now charts ;

btu oct 24 2012 bBTU july 1 2013

We are at $15 and the C wave is now vector equal to the A wave, a fairly common occurrence. In more detail we get;

btu july 1 2013 s

All the required subdivisions in the count appear to be there, so a here is what you would expect.  Also the RSI is at its lowest point in 3 years and has been there for almost a month. We are now well below the March 2009 lows of $18. This is the time to buy!