Tuesday, November 29, 2016

Nice While It Lasted

Sailed a 54 ft. sloop from NJ to the B.V.I. Nov.9 to Nov 27. While away my only comments were the following;
and yesterday;

 Pls take this opp to see the previous 3 blog posts, note date and subsequent market behavior.
All the commentary there still applies and is relevant.  

Nearby WTI has measured wave targets of 39 and 36; c=a and c=1.382 of a.
On a more positive note;
Given the importance of the 26 low, these targets are potential pivot points preceding a 3rd wave up.

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