Twitter update

TWTR has been out of synch with the broader markets.  Very strange.  But now as you can see it appears to have done a perfect a-b-c retrace to the 61.8% fib right as the $COMPX appears to have peaked.

Coincidence?

I don't believe in them.  I personally don't "get" Twitter and have a hard time even saying the name aloud.  But I cannot argue that EW works only with stocks that don't have gay sounding names and the count strongly favors a big rally in order to complete a 5-3-5 sequence.  I spy an open gap that I think TWTR is about to go fill as it plays out C of wave 2 or B  (the peak to $56 was 1 or A).