Seems like I have been very lucky/in tune with RUSL of late. As you can see at the backlink my model called for an acceleration into wave 3 (or C) down.
While today's 9% plunge didn't result in a lower low I think it is likely coming soon. We could see a nice 8% bounce first as shown but then you would want to sidestep wave 3 of 3 or 3 of C (which ever it turns out to be).
Monday, June 29, 2015
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