Hamilton's E-Wave Analysis

FLR, Fluor and CLX , Clorox

flr

No further comment required, this is one out of dozens.

Clorox is more interesting. The stock has, or is about to, top for a third time. If it is not already done , $75 is the maximum level that it can reach, that is only another $5 at the most. What makes this call very credible is the expanding diagonal which almost certainly is a c wave out of an a-b-c fourth wave. The only question left is it 4 of 5 or 4 of the entire sequence up. It is a matter of degree but the maximum is $75.