Model from backlink was looking higher:
So while we did get higher, I have to model the potential resistance that could be here. If this is going higher per EWI then it needs to break out of the falling wedge most riki-tik per the blue model. If this does not happen, one way it might break down is per the red model which forms a DDT and then heads lower. So we really are in a critical location here.
Thursday, October 22, 2015
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