Monday, May 19, 2014

CPO Elliot Wave Analysis : Wave 5 Ended ??? Time to buy ????

Dear All,
                      We might have Completed impulsive down move in form of 1-5 ....

Kindly chk charts

                                            Decline was quite Clear an impulsive move down

Wave 3 sub-divides 


Minor Wave iii was almost 261.8 % app

Minor wave iv did .382% ret 


Minor wave v did extension 

Wave 5 target might compelted

Minor wave v target also coming at same levels 


If Cpo close above 554 for Two days Bulls will take over 


                                                   Let see how Cpo price action unfolds

                                                                 M : 9873511276
                                                               Thanks & Regards
                                                                Abhay Mehrotra

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