The larger pattern we are following is a b-wave triangle, which likely has us now in the middle of the e-wave down to complete the triangle.
So, at this time, we will watch to see if 5 waves will complete the a-wave, or if we are in the b-wave, with a nice opportunity set up to short USO for a c-wave down to at least 32, with the potential to drop all the way down to 29.
When a mini-five-wave down move reached the 50% projection of the prior ABC down move, bond yields recovered swiftly again.
FORBES: Elliott Wave Analysis Of The 10-Year US Treasury Note
Cantering loosely down sand-covered roads sighting down a sine-wave of bonnet, lazy, dusty oppositelock applied at speeds rarely above a brisk trotting pace and the smell: scorched dirt, cooking tarmac, a whiff of hot oil, burning chrome and heat.
As in the pattern with the dollar, we are unsure if we have bottomed in the a-wave in 3 waves down, or have one more low to hit to complete the a-wave in 5 waves.
They certainly seem to be on the crest of another wave though resolutely down-to-earth about their own celebrity.
It got so bad that, with Henman 4-0 down, the Mexican wave started - a sure sign that the crowd is either bored or satisfied that they know the end result.
Passengers who are asked to undergo a second screening can choose a pat-down search or the millimeter-wave test.
This cool-down follows a heat wave that roasted much of the country for more than a week and contributed to dozens of heat-related deaths, including 18 in Maryland and 10 in Virginia, according to state officials.
The cool-down follows a heat wave that roasted much of the country for more than a week and comes as the National Climatic Data Center reported the mainland United States has experienced the warmest 12 months since record-keeping began in 1895.
Anthropologists tell us that our predecessors would chow down on high-calorie, fatty foods because some brain wave told them to grab a leg of deep fried Tyrannosaurus Rex whenever possible to store up fat for leaner times.
However, when we notice that a new five-wave pattern on the way up has surpassed the fourth wave on the way down, we recognize it as a powerful signal that the trend is changing.
FORBES: Elliott Waves Point To Apple Turnaround On The Charts
Regardless, for gamers looking to go all out, this may not be such an awful idea (especially if they end up including Wiis), but we're not sure if this offer will last past the (admittedly scant) first wave of shipments -- but hey, it sure beats getting shot up or beat down while squandering vacation days, right?
Orix bought the down-and-out Kobe baseball team and named it the Orix Blue Wave.
"Whenever file-sharing services go down, scammers and opportunists work quickly to ride on the wave of publicity generated by the targeted site's demise, " said Andy Maxwell, co-editor of Torrentfreak.com.
If we have completed the a-wave at the last low, then the likely target for the b-wave can be as high as the 35.50 region before we see another strong move down.
Ten years ago the only large yachts capable of such speeds were Whitbread round-the-world racers crewed by 12 burly sailors and even then only while surfing down a giant wave in a gale.
Sales of new homes are at 47-year lows, down 80% from the number being sold in 2004, and a wave of foreclosed homes will be hitting the market over coming months, giving new home sales even more competition.
After all, there is nothing earnest about a "talking" bus from which you are encouraged to wave at passersby or to cheer for that gentleman in a navy-blue suit who just started tap dancing down 42nd Street.
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