The triangle I have been tracking was challenged today. I wanted to see it hold $203 and instead the rally we saw today took it to $210 on many exchanges. Over $220, the triangle as drawn is in valid so we are still in the triangle pattern, barely. While we challenged my view, of the high, still marked E, we came down below ideal support for more upside, so this may be complete, just stretched. I need to see 5 down below $192 to indicate we are likely on our wave in wave 5....FINALLY?
$160-140 is currently the target for the long awaited bottom.
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