[BKX] update

In the backlink I thought that the next wave down would start sooner but the data does not support that. 




Instead, it looks like a 4th wave HT could be forming and so I am changing the count to match the DJIA count per below.  A move above $73 at this point should give shorts cause for concern.  Keep in mind that larger models from EWI are all well and good but we do not have even 5 waves down yet.  Once we get 5 down per below, it opens the door for another 5 down at least.

I still am far more heavily weighted at present toward commodities but if we get blue 5 down as shown then I'll be looking to load up into UVXY for the 3rd wave down in markets.  In other words, if blue 5 happens then wait a-b-c to a move back to the prior 4th and then re-enter short with tight stops.