Short term, there are likehoods:
1)From 12/5/08 low 1.4525, to develop a 5 wave upside moving structure --- in the case, current downside correction from 1.5046 likely stops within 1.4690/1.4750 zone;
2)From 12/4/08 low 1.4466, to develop a 5 wave upside moving structure, likely a diagonal triangle with expanding variety moving pattern --- in this case, current downside correction from 1.5046 likely extends to 1.4580/1.4620 zone;
3)Upside correction started from 12/4/08 low 1.4466 was ended at 1.5046 (double zigzags).
Short term, there are likehoods:
1)From 12/5/08 low 1.4525, to develop a 5 wave upside moving structure --- in the case, current downside correction from 1.5046 likely stops within 1.4690/1.4750 zon ...
Short term, there are likehoods:
1)From 12/5/08 low 1.4525, to develop a 5 wave upside moving structure --- in the case, current downside correction from 1.5046 likely stops within 1.4690/1.4750 zon ...