Coal has had an Lt down cycle,so I wouldn't mind owning BTU ,but where is the best buy point?
The long term charts are full of Harmonic Patterns so I started tracking this one. The Candle reversal cluster was tempting but I knew the correct buy point would be on a wave -ii- pullback.
The BC was good for an -a-/-b- wave but now it looks like a bunch of corrective zig-zags.
Also an upward triangle for the CD wave. yuck!
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