Hamilton's E-Wave Analysis

WPT update

wpt sept 25 2012

This is log-scale, works better with such wild gyrations. If you did buy this as suggested you should also be stopped out with a loss of one or two dollars. You could do it again but we prefer to wait a little while before we repeat a mistake even if this might be an excellent time to do it again. The and MACD suggest that it is. We will wait for it to get to around $20 to try it again, that is if it ever does. For the moment the last leg down seems to be missing a 4 and 5. Further more the $20 level corresponds with the low of a triangle and the base of a wedge.