In the rush to write about ACEA June 16 I made a mistake with the date of interruption of the trend. I said that the trend would stop at 18 € in the summer of 2008, however, things are a bit 'different, the interruption should always be 18 € in the summer of 2007 as stated January 6, 2006 (the analysis is accessible in pdf format at the link http://www.lepaginedeisoldi.it/analisi_2006 / acea20060102.pdf ). The possibility exists that I'm wrong now and what I wrote on June 16 was right, but today the data available to me indicates that things will be as shown in the attached graph. My count the time remaining for the current bullish wave applied to the involute parabolic projects to June 2007 values \u200b\u200bof 18 €. This value corresponds to 62.8% bearish wave 2000-2003 that following the rules dictated by the rules is a Fibonacci level is highly sensitive and where the chances of reversal are high.
data available on ACEA when the fit between the securities that is out of phase between those with a main loop than the rest of the market. A sharp fall in the coming months with values \u200b\u200bin heavy oversold denials and may force me to redo the calculations, but today ACEA shows that you have counted the months before stopping this nice upside, do not forget, part of the € 3.18. The decline that followed the termination of this wave rally will be long and deep and more likely to lead the way below the historic low.
Under my portfolio, I will see what to do in 2007.
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