[ABX] update

At the backlink I suspected that ABX rally was looking corrective.  Because of that I was expecting one more wave up into E of 4 and then the final dip as shown below:



That final rally did not come.  Instead it put in a slightly lower low than red 4 shown above so the new model is below.  The original lower rail is in red below, the new lower rail is shown in green.  Of course this could get blown out very quickly next week in which case the wedge retracement model would be replaced by the blue model.