CME, Nymex Tumbles 18%...

CME, Nymex Tumble 18% After Justice Antitrust Opinion....

(http://www.bloomberg.com/apps/news?pid=20601087&sid=apYFj1_7ptzk&refer=home)

Long before this opinion was published, the picture that was seen by way of Advanced GET was as follows (Dec 11,2007 to be exact):

(Click on any Chart to expand to full view)

Now apply the rules for the our Elliott Wave Type 2 Counter Trend Trade...

Let's also label the entry and target..

Now let's fast forward to present day...

You tell me which came first - the Technical Analysis or the News...

Trade Well,

Ernest O.

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