Hamilton's E-Wave Analysis

CNQ Canadian Natural Resources

CNQdec 2011 s

See the Dec 1 blog. The charts is repeated on the left, reality now is on the right, if only they all behaved this well! The A – B – diagonal is what we have seen on many stocks, and if not that then similar structures. They are all ready to cave in but still not doing it. The Dow has gone beyond the point where it should have stopped, not yet sure how to account for that!