Predictive/Forecasting Model sees reversal at 97.11
Geo's Off-Set Rule #3 sees support at 46.85
Interim support expected at 66.60
Predictive Analysis & Forecasting
Durango, CO - USA
Linked-In: David Alcindor
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.
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:
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:
Geometri adjustment in points 3 and 4 - Geo's Rule #2 should apply here.
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