GKP

Hi Diver,

I can't make out the detail on your chart as I can't expand it. A couple of things though...there was another apparent 5 wave sequence earlier on which resulted in the drop from 228p - it, too, had "perfect" impulse wave form with 61.8% and 38.2% retraces. It's in the highlighted area here:



dl.dropboxusercontent.com/u/20815047/GKP5waves.gif

The other thing is, were your Fib levels a typo? I have the 50 and 61.8% retracements of 126.3p to 166p as approx 146p and 141.5p respectively:



dl.dropboxusercontent.com/u/20815047/GKP4H07_06_13.gif

So far, the 38.2% Fib has provided a bit of support so it may well hold at the 61.8% one rather than make a new low. We'll have to wait and see!

Cheers

Hi Jacko,



You seriously couldn't expand the chart? Do other members suffer in the same way? It should expand at the click of the mouse so I'm really surprised to hear this.
Here's an external link...
www.dropbox.com/s/urdjykd4sliy1oj/GULF%20KEYSTONE.png

...... not that it's worth looking at: errors in the fibs! Well spotted! My apologies. Sometimes I look and don't see I had the fib for the overall move from 126.5 finishing two days early: plotted it previously and hadn't updated! Duh!

This is at a very crucial level just now, having retraced to the 61.8fib from the low at 126.5; and currently in the target zone between the 50 and 61.8fibs from the recent high at 166.0. I'm now waiting to see which way it breaks?

I purposely didn't put any detail in the labeling so as not to generate any argument as to what is, and is not, correct. As yet I see no evidence to confirm the current move is complete at five swings but time will tell. At the moment everything is as expected.

Any ideas when the court case decision is being announced?

Let me try that again

hi diver
your previous chart expanded nicely on my computer...i use chrome

Looks like a software glitch. Good job I put the external link in

my dropbox