Rule of 7 to upside

Just as the Rule of 7 aids in analyzing waves to the downside it can be used to analyze waves to the upside. In this particular case the wave targets calculated by the rule are by 1.40= 3600; by 1.75-3787; by 2.33 4081. We could go on, but it seems to us that the analysis justifies a trade–and perhaps even adding on.

If our site looks a little weird it is. Recent activity turned up some major problems we are now working to fix –hopefully soon.

Calculations made from A wave. Bwave is the currently importaant short term trendline. At present we do not consider the line break the 21st to be important but it should keep one on their toes.
Next PostRead more articles

Leave a Reply