where to tonight...obama v rudd, page-4

Miike.. are you basing it on a double bottom?

I've been looking for an ABC correction from the five wave down from the top of 72 that we've had.

There should be a 68% retracement to that fall in an ABC format.

(If) Wave A played out to 0.6842, so am thinking that this should be the Wave B we are seeing unfolding. I'm hoping that this is right,as I have the upside targeted around the 0.6950 mark.

We need to see it get some traction right here otherwise it may be wave five playing out to the downside below 65.