coffee enema anyone..., page-38

fififluff, funny you should ask. The target price is calculated by measuring the cup depth and adding onto the right hand lip of the cup. We know that the cup bottomed at 9.4c and the rh lip went to 26.5c so the depth (rounding off) is 26.5 - 9.5 = 17c. So we add 17c to the 26.5c and the target is 43.5c. BUT this will then mean we have had a run up from the bottom of the handle....reached yesterday at 18.5c and running all the way up to 43.5c. What's that you ask ?? what happens then ?? well the same as when we ran to 26.5c we have a retrace and probably 50% like the last retrace.

SOOOO.......43.5c - 18.5c = 25c. 50% of this is 12.5c so a retrace to 31.5c is then on the cards.

Now here's the scarey bit. I was having a chat with Chalea this afternoon as to whether or not CVI was in uptrend leading into the cup and handle. i drew some lines to make a case. I then went for a ride on my pushbike to burn some fat. this is when i do my left of centre thinking. today I thought "hmmmm, I wonder if i extend that uptrend line leading into the cup to the present day would i see anything interesting". yes you guessed it, in a few days time when CVI should due to break out of the handle the line intersects at 31c......i didn't plan that.


Sigmund Freud eat your heart out....Carl Jung was right all along. everthing is interconnected