[VALE] update

At the backlink I had counted VALE at or very near a significant bottom.  So far it looks like what I counted as the C wave was really only 3 of C.  Then we had some sideways movement into 4 of C and then a likely bottom into the low $6.20s for 5 of C.  Then today we had a nice rally that took us back up to above the level of the prior 4th not as an a-b-c but rather as a motive wave.  I'll be adding to my 2017 calls on the next good sized dip, assuming it is a-b-c in shape.