Tuesday, November 29, 2005

WMT Monthly

 


Wave 4 consolidation complete on a 9 not too far from fibo 34.6 projection? Target old highs and then 105.55? Rally from here will trigger MACD slingshot trend re-entry pattern. RSI rallied from oversold level to make a higher high. Slow stochastics turning higher (and bullish cross) from v oversold level last seen ahead of major advance starting 96. Posted by Picasa