Charts 1-17-09


  • 0
  • koolblue
  • 17-Jan-2009 at 2:38 PM
  • Rep: 48.6k
  • Posts: 16k

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....
...Ishould point out the white'average' (the 54 ema) is at 908 and falling!
  • 0
  • VOwater
  • 17-Jan-2009 at 10:57 PM
  • Rep: 133
  • Posts: 4,121
Here is the potential harmonic patterns that may be setting up with Crude. If they turn the CD leg at the 88.6% retrace then this will qualify as a Bullish Bat with first target at A. If they take the CD leg down to the 1.618% retrace and turn it back up then this will qualify as a Bullish Crab. Crude is also at or near support. These are potential patterns.




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