What really happened here. The A wave down ended on June 29th. The B wave up then lasted for almost 3 weeks. We are now in the C wave down awaiting the final capitulation bottom. Where is that final Int. bottom? The best that I can hope for is $1875 on the weekly charts. The worst is $1840, again weekly charts. Many juniors have already bottomed without splitting nickles , so to speak.
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