I saw it coming on level II, and posted on the SH EVG board (Toot) yesterday... there was a poster... at least one who suspected good news coming, and he was right on... sure explains the price action I was seeing.
Fibonnacci suggests a return to 1.09 would be appropriate over time... of course that may be a bit premature as we may have some more upside before applying the %. I can see distribution on the level II platform... @ 1.27 to 1.29 however if we close strong... a gap up for the blow off may come home. On my level II Bollinger we have popped the upper, and to be honest it has always been fairly accurate for toppy action corrections.
GLTA Lostoutwest
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