Wednesday, May 6, 2015

[GREK] update

At the back link I penciled this model in.



As you can see from today's snapshot, the model is holding.

I'm not sure if the $12.60 peak was wave 1 up or 3 of 5 of 1.   So I could see either of the paths below playing out.  If you see a-b-c down to $12.20, look out above because it should be 3 of 3 unfolding.  There are other possibilities but these are my top two.

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