Wednesday, August 19, 2015

[ADI] update

In the backlink I modeled ADI as having peaked.  Here is the chart from back then:



Current chart is even more damning showing several attempts to back test from below that were all rejected.  Not a good omen for silicon.  That whole freaky a-b-c from the 2009 bottom to peak at the 68.2 fib with a declining double top is just a bit scary for longs as well.


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