Backlink. Chart from backlink is below. The model says going down.
Current chart is below. 5 waves down pierced the lower rail but of course that would be only wave 1 down. Wave 2 is now forming, shouldn't be more than a couple days before this plunges below the lower rail and begins to move down quickly.
For anyone who likes the thrill of playing options, what do you think about the Jan2016 40 puts?
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