At the backlink I was worried about one more big swoon.
It's already bounced higher than I showed above but that was a pretty meek b wave that I modeled. In any case, C should be about done if this is really a corrective wave like I am modeling but upside to close the gap at 2.36 is still quite possible. You have to be careful here though because if my model is right the next wave is a 3rd or C down. Better safe than sorry.
Monday, November 30, 2015
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