Carney has said if price exceeds .50 on the "B" then a Gartley is in play. Here are both Gartley and Bat targets. However, keep in mind that we are holding this area, futures trading on Friday was a very short window and while not pretty, may not have much more than reactive. We could very well hold this area and there could be another Harmonic in play, not seen here. Of interest and also not seen here, the target of the BAT aligns nicely with the 50wma.
In other words - we are in no man's land right now. Entering Q2 just about where we started the year.
In other words - we are in no man's land right now. Entering Q2 just about where we started the year.
