DreamLife_Obi

DreamLife_Obi

After the bullish 5 wave pattern, it looks a little bit like a corrective triangle pattern has begun to form. D Wave. With the completion of a double top pattern at the 136 zone, the D wave of the triangle pattern will have met its 61.8% Fib Level requirement along the triangle trendline. E Wave The location of the projected 61.8% retracement from...

DreamLife_Obi

After the 2007 to 2011 bearish 5 wave pattern, this Zig Zag Correction Pattern on the Monthly time frame could be expected to complete a retracement to, about, the 61.8% fib mark. Only time will tell