 |
| SPX 02-12 |
By the way, from yesterday's post on /CL the wave of deflation that would take crude oil from a [guessed] $130 to $20 would probably be the death of the Euro, in early 2014.
We'll have plenty of gasoline when Europe goes offline! Who's up for a road-trip?
2 comments:
The only thing that I dont agree with your chart is that you have W3topping at 1520. However, that is much too low for a W3. A typical W3 should go to 1566.
Why do you have it so low?
The top is low b/c for now I think that the giant wedge will be a part of it.
I'll poke around some more, look at the monthlies and the bigger picture tonight.
3/1 could mark THE top as well; it seems like a real waste of a McHugh 'major' phi mate turn to have it mark a minor wave 4.
Post a Comment