[INTC] update

In the backlink I posted this model which indicated a rapid move down to the neckline and then follow through to break it down.




Current snapshot shows that it did in fact move down to the neckline very quickly even though not with a gap.  Also, the neckline is still holding support so perhaps there will be a small bounce and then a gap down through it.  In any case, it is still my primary model that the Intel chart will break down.  I have to go with that until I get evidence to the contrary.  A move above $33 would be sufficient contrary evidence to greatly question if this will actually break down.