We are peeking our heads into TradingView.com dream-come-true charting wonderland to provide a small update on the targets and share our continued outlook.
An intermediate target at TG-Int. = 834.32 offers the next level of potential consolidation, although a secondary target at TG-2 = 858.46 will remain in reached, and if hit, expect a significant counter-trend reaction with depths paced at Fib values of 38.2 to 61.8% over that entire impulse (i.e.: impulse nascent from its original 730 level). This would mean a retracement any where between 808.25 and 777.20.
We have nothing much to add as far as our predictive analysis and forecasting goes. It's all up there "on the wall", and remains purely educational. So, do not trade from our charts, but from the professional licensed advisers.
David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting
Denver, Colorado USA
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No, seriously, I am more than happy to provide the chart that is most requested, and that'd be GOX and BTC-e ... Until of course, someone comes out with some NASA generated proof that it's yet another dam exchance, LOL.
Very glad to oblige.
David Alcindor, MOD
Many thanks in anticipation. And also many thanks for your existing charts - we all appreciate both your effort and the quality of your analyses. I must take a look at your LTC charts next. Best wishes, Nick