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Re: [RT] More CRB



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Stig, It looks like a Bullish Wolfewave setting up. 
If you are not familiar with these waves check out <A 
href="http://www.wolfwave.com";>www.wolfwave.com.
If you draw a trendline from pts 2 & 4 and 
intersect with the 1,3,5 trendline you will have an estimated Time of Arrival 
(ETA). To get the price level, draw a  line from 1 to 4. Now take a 
vertical from the ETA to where it hits the 1-4 trendline to get the price 
and time point.
 
I am just learning this method, so don't take my 
word as gospel. Can anyone confirm this?
 
Also what is the esignal symbol for this index and 
what does this index tell us?
 
Steve
 
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Stig O 
  
  To: <A 
  href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
  title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx 
  Sent: Wednesday, July 25, 2001 8:48 
  PM
  Subject: [RT] More CRB
  
  <BLOCKQUOTE 
  style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
    Another interesting angle is shown in this 
    gif.
     
    Price broke above the sloping resistance line 
    at 4, indicating higher prices allready at the beginning of July.
     
    Then came down to test the line and found 
    support at 5, which also was the 1-3 support line as well as support level 
    from Oct-Dec trading range.
     
    Let's see
     
    Stig
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