Hamilton's E-Wave Analysis

DLTR , Dollar Tree, wrong so far, but there is always tomorrow

dltr2010sep

Wrong on so far by a few dollars. The error was in the count. This has an extended 3d wave which often means that the first and fifth was will turn out to be almost equal (seeĀ  blue arrows). Should that be the case the stock is definitely a short at about $50 if not earlier.

The RSI and perhaps also the MACD are not confirming the new highs.