NEP: Aug ‘07 to Sep ‘07 | NEP:Dec ‘09 to Jan ‘10 |
Look at the two charts above comparing NEP’s current parabolic run to it’s previous parabolic run from Aug to Sep, 2007. Notice the similar progression of sharp rallies, followed by short correction. If my read is correct, and this similar “climax pattern” takes place, we should print the ultimate top in a few days. This supports my theory that NEP’s move will top out in the next few days.
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