SNC update

snc feb 20 2016

So it looks now as if the triangle is complete. See our blog of a fortnight ago. If this is the correct interpretation then $28 or $21 is a real possibility. This would be negated by a rise to $44 or above. This triangle as a 4th wave “fits” the bigger picture. Judging by where the apex of this triangle is, a low might occur sometime in the month of August.