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| sorry didn't see your post earlier... here is the weekly chart of Rice for nov as it looks very much like a w1-w2 and w3 completed and working on a steep wave 4. heres the catch on this 4th wave. It must not violate the price of 1350 to be considered a w4. if it does it may alter the count but this is my primary count as of right now and a new leg lower may be forthcoming and soon. what i will be looking for now is some sort of reversal candle on the daily chart.
second scenario : if it does violate the this 1350 price level then a target of 1417 would be a perfect zig zag where wA will be equal in length to wave C
top chart is the weekly chart and bottom is the daily chart.
hope this helps
Edited by Mr Enigma 9/30/2015 12:09
 (ZR ~ Weekly_09302015_004840pm.jpg)
 (ZRX15 ~ Daily_09302015_010655pm.jpg)
Attachments
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 ZR ~ Weekly_09302015_004840pm.jpg (72KB - 87 downloads)
ZRX15 ~ Daily_09302015_010655pm.jpg (64KB - 89 downloads)
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requested rice chart/Ricefarmer14
