Slaveman, tnxs for taking the time to research those articles, however I personally dont read extreme views like that whether bullish or bearish. To me its a simple picture which should play out in the next day or so. If the XAO stays above the rising trend line from '03, then we are moving higher. On Friday, it also bounced up after testing the .38 fib retrace, also from '03, both very bullish signs, and I have a bunch of cycles which all indicated Friday to be the low. We could go a bit lower on monday, but I doubt we will go lower, than Fridays low. If it does then our 4 highly paid analysts know more than I do, they certainly have more resources at their disposal than my simple laptop and incrediblecharts.lol.
We start the next wave up either Monday or Tuesday after the oil price takes a dive.
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