Nov 3, 2016

Update

We have fear now:) we need it for a bottom.


Closer look from the end of October it looks like clear A-B-C with two impulses lower with the same size.


And the bigger pattern... the move lower overshot as I wanted, but now it looks more like triple zig-zag?!?!
This is the only pattern which makes sense at the moment. We should see a bottom today and around the elections it should be tested. If Trump wins expect something like Brexit sharp sell off with lower low and reversal.

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