ORIGINAL POST: 10:30 AM
Back on June 1, I drew the following forecast, but was so uncertain about it I didn’t post it until June 11 [see: Mixed Signals.]
On the 11th, I adjusted the timing a bit, but then basically set it aside. Other than helping me forecast a dip to 1303-1308 (which occurred a few hours later) I expected it was just a little too “cute.” In other words, it seemed a bit too obvious for it to play out.
Well, here we are — just a couple of points away. Despite my best efforts to disown it, the forecast is proving correct…and, right on schedule.
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