Thursday, February 17, 2011

Ready for a rally

While it's still possible that we go down to test the 100% fib, i believe price is ready to break the channel to the upside. Either in the form of a big wave C or as a complex double three ( alt ).

Geplaatst door op
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4 comments:

  1. AnonymousFebruary 17, 2011 at 2:40 PM

    Jeremy,

    It seems that your call proves to be the right one.
    i admire your confidence over the last week. I've got a lot to learn from you.

    thanks for sharing your thoughts!

    Catalin

    ReplyDelete
  2. Jeremy DemunterFebruary 17, 2011 at 9:17 PM

    Hi Catalin,

    I can still be wrong even though things are looking good, we'll see what happens. It's important to be confident but not too much, you have to be able to admit defeat when wrong to keep fighting the war.

    Friendly greetings,
    Jeremy

    ReplyDelete
  3. AnonymousFebruary 18, 2011 at 8:10 PM

    Hi Jeremy,

    I've been reading your analysis for a long time, thanks for sharing your good work.
    Just wondering what is your projection for this rally. Do you think it will go above Nov. 5th high?

    Helen

    ReplyDelete
  4. Jeremy DemunterFebruary 19, 2011 at 3:26 PM

    Hi Helen,

    Thanks for your comment! I have just posted a larger view of where price might be headed. Yes, i believe price should break the nov. 5th high.

    Friendly greetings,
    Jeremy

    ReplyDelete

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