Monday, February 8, 2016

[FCX] update

At the backlink I was modeling a bounce right at the 3.86 level:




With more time over the weekend looking at this, I think it likely has one more wave down.  These last few moves into the bottom are always the most difficult to count which is why I tell people that catching the exact bottom is not easy and not likely and therefore should be considered sport more than anything else.

Still, I do find it sporting to try.

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