In our most recent blog we had ABX as a sell around $30. Well here we are now;
We are well on our way to the target (see previous blog). Look for C=A, base of diagonal wave 5 at just a little above $16 and 61% retracement of the $8 to $30 leg which is somewhere between $16 and $17. Also the RSI should be below the 30% line.