Alcoa pulls back in line with EW model [AA]

In this post I indicated that my EW model expected Alcoa to take a breather after a nice run (which the model also predicted well in advance - you might find it interesting to go back through the Alcoa posts and check them out for yourself).

The overlay below shows what actually happened (chart section within the orange box) relative to the model (blue line).  So next I expect a small bounce (it's not labeled below but it would be the short B wave)  followed by final wave down (the C wave) before the pullback is complete. Once the pullback is complete then you will want to be in this one as it is really set up for a 3rd wave up that should. 

Of course, it could all be a coincidence as well.