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Monday, May 14, 2012

crude - unexpected move

Luckily I was not in crude.  This sell-off, while expected on the monthly wave forecast was not what I projected on weekly and lower time frames.  I will be studying this more tonight, and likely looking for a short entry in the coming days/weeks. 
I'll post what I was looking at prior to this move.


Posted by Waverunner (FractalTrader) at 7:20 AM

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Notation


Wave DegreeMotiveCorrective
Grand Supercycle((I)) ((II)) ((III)) ((IV)) ((V))((a)) ((b)) ((c))
Supercycle(I) (II) (III) (IV) (V)(a) (b) (c)
CycleI II III IV Va b c
Primary((1)) ((2)) ((3)) ((4)) ((5))((A)) ((B)) ((C))
Intermediate(1) (2) (3) (4) (5)(A) (B) (C)
Minor1 2 3 4 5A B C
Minute((i)) ((ii)) ((iii)) ((iv)) ((v))((a)) ((b)) ((c))
Minuette(i) (ii) (iii) (iv) (v)(a) (b) (c)
Subminuettei ii iii iv va b c
Micro((1)) ((2)) ((3)) ((4)) ((5))((A)) ((B)) ((C))