Wednesday, January 13, 2016

[BKX] update

Per the backlink model below...



... BKX has increased to the down side and it now sits either at 5 of C or 5 of 1 of 3. This really could go either way at this point which is why Avi has not given up on the recent peak just being a 3rd wave.  Time will tell but his interpretation is not my primary model.  A move much above $68 from this point would be an indication that this really might have been a C wave.

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