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

PAYPAL

Thursday 11 September 2014

11 Sept 2014

The pattern so far from the lows has been looking like a 3 wave rally.  This usually fits a corrective phase, but we could be counting a pattern that's not yet done.  A lower low for me could count as an ABCDE if we form some sort of wedging pattern.  This would put the count at a finished 4th wave and a higher high should ensue. 

MT: UP
ST: DOWN
PA: NA

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