7.05.2012

1381.00 or 1386.xx?

I expect bulls will get ambition to test the upper line of the rising wedge to have a perfect W5 finishing in case W4 was in at 1355.70. The target in this case is about 1381.00.
If we see today a pullback to 1360.50, then may be W4 is there and probably W5 will push price up to 1386.xx.

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