“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Wednesday 6 August 2014

6 Aug 2014

The rally I expected was not intense enough, and could mean that things are weak.  In EW format a sub-wave C  would see prices move impulsively up tomorrow..  A move lower tomorrow in an impulsive manner would suggest a 3rd wave or sub-wave 1 of 3 has started.

MT: DOWN
ST: UP
PA: DOWN


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