CBA 0.34% $129.55 commonwealth bank of australia.

elliot stuff - for jaysee..., page-19

  1. 436 Posts.
    re: elliot stuff - the week that was just looked at CBA again from Jan 01... I'm convinced now - CBA is going up...

    from Jan 01, we have ABC down, ABC up, ABC down, Ending Diagonal up, Impulse down... only way I can see to properly resolve this is Wave A down (ABC), Wave B up (ABC up, ABC down, Ending Diagonal up), Wave C down (Impulse down)... ie, the big expanded flat...

    so I'm going to take any opportunity now to offload my shorts...

    short term structure appears to be indicating downside ahead, but I'm not going to believe it until CBA gets below $27.90 WITHOUT impulsing above $30.62 again...

    just my opinion...

    Regards,

    Ultrafart.
 
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