Friday, August 21, 2015

[BKX] update

Here is the backlink to my previous post on the financial index BKX.  In that post I provided the chart model below along with the text, "I now count wave 5 complete and so we should see a big pullback in banking shares to at least the level of the prior 4th ($66) but it could be much lower if Prechter's count is right.... MUCH lower.  UVXY and FAZ should be moving up rapidly soon.":




For those who don't think charts mean anything, read the above, compare to below and just sit there and wonder about it:


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