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.
Wednesday, August 19, 2015
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