Wow, what a textbook pattern! Too bad $ATG doesn't have volume which could clarify if it's a correction (5-3-5), or the start of a 3rd wave. Either way, looks like a logical possibility. Thanks Robert
Yeah this does look great Robert, hard to argue against it... the technicals are weak, and the fundamentals are a train wreck!
I am interested in what happens to the Euro because of this....
the single european currency system really puts a straight jacket on the Greeks... and if they will have to default on their debts (in euros) that could be HIGHLY significant!!
The whole system of a european single currency seems flawed to me... so we shall watch and see.
Wow, what a textbook pattern!
ReplyDeleteToo bad $ATG doesn't have volume which could clarify if it's a correction (5-3-5), or the start of a 3rd wave. Either way, looks like a logical possibility. Thanks Robert
Mark at CEO Trader
Yeah this does look great Robert, hard to argue against it...
ReplyDeletethe technicals are weak, and the fundamentals are a train wreck!
I am interested in what happens to the Euro because of this....
the single european currency system really puts a straight jacket on the Greeks... and if they will have to default on their debts (in euros) that could be HIGHLY significant!!
The whole system of a european single currency seems flawed to me... so we shall watch and see.
Certainly these are fascinating times we live in.