Monday, September 21, 2015
[UVXY] update
The most recent two models given for UVXY were provided in the early AM post here. They are the model from last Friday below and the updated model from early this AM below that.
Actual is below. It's looking a lot more like last Friday's model than this morning's.
I do see it possible to get one more wave down and you will see that I renumbered the wave up. Now the gap happened in 3 of 5. Additionally, the triangular structure (red 4) not counts as a HT followed by 5 waves.
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