Monday, November 22, 2010

WTI- is consolidation done?

click to enlarge
If the above label of 4 is correct we have started a "5" down with targets as described in prior
TI Again post. If the 5th extends and is 1.382 x the 3rd wave it will target 75.68 or lower.
Of course if the lows today are a "b" wave, then we revisit the mornings highs.

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