As mentioned elsewhere EWT isn't easy for the inexperienced trader, investor or pundit and so should be used very carefully for warnings or presented as fact, especially in conjunction with incomplete CS within weekly charts.
I have been criticised for using wave counts with ?, however when using them I simply give an indication on about where I expect SP to land over time. I do remove those ? when I become quite certain that a wave has reached its high or low confirming my wave count. Obviously the next wave up is always depending on where the previous wave down has found its bottom and so I feel the ? within my wave count are justified to give expected direction, but with a degree of uncertainty.
There are quite a few other rules within EWT, which I consider when creating these forward looking
wave counts and charts, however as investor Dean Williams once wrote, "Confidence in a forecast rises with the amount of information that goes into it. But the accuracy of the forecast stays the same."
So in that spirit here is my current 2 hourly chart, which IMCO could display a Bullish Falling Flag, which in theory should break to the north and bring LTR's SP closer to v ?, 3 ? at about 92c, with wave 4 ? down and wave 5 ? up to follow from there, which IMCO could knock on the $1 mark during that move up over time.
New TA/Charting, page-5260
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