June 10, 2012
DX flirted with breaking the big purple channel dating back to 1999, but in the end backed off as we expected.
Since reversing as expected on June 1 [see: Why I’m Buying] DX has done a great job of following our forecast very precisely. Recall that we were watching for a H&S top at the .618, followed by a series of additional H&S patterns in a cascading effect.
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