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Could the early May top at 1370 have been an irregular B wave? It was, by the way, almost exactly 1.272 times the decline from the February top at 1344 to the low in March at 1249. Both the move down and the move up have 3 wave forms.

And if the current move down is a C wave. Where in theory should it end?

Or perhaps:



A downward price pulse with a 2.618 Fibonacci target around 1257.

Say goodnight, Gracie?
