Wednesday, October 14, 2015

[YGE] update

In the backlink I provided the chart model below.

 

 Looks like the model is working.  The recent action is clearly 3rd wave or C wave in nature.  We should know soon enough by how the falling blue resistance line is handled.  If it cannot break out or if it puts in a DDT then this could just be a correction still.  This could still fall back down and double bottom here.  For now I'm looking for a pull back to .66 and then one more surge to finish green 1 below.

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