Ewj: elliott wave

BTU exploding and about to make new highs!
(from $27 to $37 since July 6th)

PTEN grinding higher and looking to BREAK OUT.

This whole dollar play is SURGING right now.

 

possible measured move to around 19

 

euro/dollar head n shoulder

 

Possible.

It's the only thing that can derail the "freight-train" in the OIH and energy stock sector. Try being short BTU today. I promise you that it ain't fun.

Still early.

 

Now they've had the FED High of the day stops is it time again to test that 998.5 area....?(incorrect above 1012)

see what you think
15min ES.

 

Wow, that sure was one helluva reversal off the spike highs!

DAMN!
:eek:

 

Mup,

Look at this move in Consol Energy (CNX) off the early July lows... See anything here?

 

topping 37.20 ish, on a sidenote, if the electric cars catch on, btu will be replacing gas

 

bears need to bust 1007 to seal the deal for them...

otherwise its going back up.....

5min Tarffic lights....

 

Now the bears can open up 998.5 if they wish....