[ABX] update

It's crunch time for ABX and all of the miners.  In the backlink I worried that the next big move could be down.  Below is the model from that post.



If I  counted that correctly we should be seeing more downward acceleration right now.  So far, the ABX 120 minute chart below visually appears to be more of a corrective retracement than the start of a new motive wave down.  Of course it's still early.  But I always consider that a 3 wave move to the level of the prior 4th is a likely retracement and that is what the most recent action is looking like.  Be careful JDSTers, this could gap up soon.