$ADBE - Model Eyes 97.11 Reversal; Geo Sees 46.85 Target

SYNOPSIS:

Predictive/Forecasting Model sees reversal at 97.11
Geo's Off-Set Rule #3 sees support at 46.85
Interim Bullish support expected at 66.60

Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, CO - USA


Twitter: @4xForecaster
Linked-In: David Alcindor
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Comment:

13 JAN 2016 - Chart Update / Tech-Note:

Price remains bearish. Whereas the WEEKLY chart forms the geometric basis for a decline to the 48.47 level, here is a fractal of the same geometry, offering an interim target:

Note that the Geo's Off-Set Rule #2 is used as the principal means to define this high-probability target.

Best,


David Alcindor

Comment:

31 JAN 2016 - Tech-Note:

Looking at this finer grain level, the following M15 chart illustrates a Geo/Wolfe Wave potential, combined with a structural level defined along the expected 1-4 Line target ... This may represent the expected overhead resistance:

Best,


David Alcindor

Comment:

01 FEB 2016 - Chart Update / Tech-Note:

As forecast, price rallied, validated 1-4 Line. Expect consolidation or corresponding geometric formation along this line, as price is likely to test above (pink) range:

Best,


David Alcindor

Comment:

06 FEB 2016 - Chart Update / Tech-Note:

Geometri adjustment in points 3 and 4 - Geo's Rule #2 should apply here.

Best,

David Alcindor