INTC update

intc april 22 2018

Just a quick update from the 16th. Looks like the diagonal may be complete, that is if you exclude the outlier of wave 3 in the diagonal. In any event this should drop to the $42/$41 level as diagonals are mostly completely retraced AND because that would close a previous gap which is also a common occurrence. In the end we expect a lot more than that. It should take about 2 months.