Current snapshot shows that there was an expanded flat 4th that formed. I suspect that it means that downside below W3 will be less than shown above. We might be in for a double bottom type move of some sort. But of course it can also go lower. We'll just have to see how the waves play out.
Monday, October 19, 2015
[PBR] update
Backlink. The model provided below is essentially intact. It says that we still have the 5th and final wave of 5 to trace out.

Current snapshot shows that there was an expanded flat 4th that formed. I suspect that it means that downside below W3 will be less than shown above. We might be in for a double bottom type move of some sort. But of course it can also go lower. We'll just have to see how the waves play out.

Current snapshot shows that there was an expanded flat 4th that formed. I suspect that it means that downside below W3 will be less than shown above. We might be in for a double bottom type move of some sort. But of course it can also go lower. We'll just have to see how the waves play out.
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