In the backlink I gave you this:
That was good reason to bail out. In doing so I sidestepped an 8.7% loss today. But since then, the chart has righted itself and is now most likely motive in line with my commodity bottoming call. I can now count 5 waves up, convoluted though it may be, and then a clear and a-b-c pullback which either ended today or will do so tomorrow AM very early in the trade before LIKELY nosing back up and lighting the JATO bottles. If this happens it will tell us that wave 3 or C is forming with initial target price of about $11.
Tuesday, September 1, 2015
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