At the backlink I was modeling that E of 4 is likely playing out. The recent zoom in snapshot changes nothing along those lines. Red is primary, it says that a HT is forming, that D of 4 is in and that we just need 3, 4 and 5 of C in order to complete E of 4.
Blue says that the move down from green b was A of D, currently working on B of D and then 5 waves down to the red rail in C of D before turning up again to E of HT4. Once that is done @8.50, one more massive pounding for the miners (in percentage terms) will occur in order to ensure that all the gold bulls are dead, everyone things that gold is a pet rock and that the dollar will fly upwards forever despite exponentially rising debt into a rising interest rate environment.
Green says that the bottom is already in.
Thursday, November 26, 2015
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