[LL] update

Per the backlink I was waiting for the dip to buy into this (ALWAYS wait for the dip!!) and today we got a dip to the 50 fib so I bought a small position.  So far we do not have a real motive "5" wave up so the stops are set very tight at $16.20.

These long flat structures are usually continuation signals and the direction before this began was down so if you buy into this I would be very careful about holding below today's low.  We really need a gap up tomorrow to set the mood positive here.  But unless and until this breaks below today's low the wave count says I should hold and so I will.  It's all mechanical at this point...