Wednesday, August 19, 2009

Rbob Update

It's easy to see the 5 waves down from the failure, and the abc back for a classic 2 wave.
Where might a 3 carry Rbob? It will equal 1.618 of 1 at 1.70.
Of course, if it can get back over 2.023 something else is going on and we haven't seen the highs.

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