In the middle of the middle….

Posted on Sep 04, 2015 by in Letters

The process of analysis is a constant search for something which is understandable.  Is this the beginning of a serious downtrend or is it an extension of the congestion zone which lasted for 8 or 9 months?  At the moment  it looks like it is in an A-B-C (a-b-g) wave which would argue for an understandable correction, not the beginning of a bear market.  We are in the middle of that pattern in the middle of what might be a zeta wave.  Not to test the low would be bullish as we see it and the gamma wave appears to be arrested.

This is only a preview. You must be a subscriber to access the full text of this letter.


Choose a Username*
Email *
First Name *
Last Name *
  * Required

Tags: ,


You must be a subscriber to view and submit comments on this post.