CXO - Chart Thread, page-7575

This is what should be about to happen today and maybe a little tomorrow:



End point should be between 74 & 77

After that there could be a bit of blood because it looks like PLS & AKE are setting up for a fall. PLS drop could be significant (430'ish), but on the plus side that should be the end of it for now and CXO / PLS / AKE should start to rise again by my estimate. Now in CXO's case it has already retraced the full distance as far as I can tell, so it may just drop to near the last low, while PLS drops to a new low as it did not complete its retrace. If they don't do their fall thingy then the next rising wave sequence will probably start from about 74, but note that the support channel is actually higher than the rising channel. That is not normally a good sign in my experience, so I'd be expecting the drop back, but AFTER we hit the wave 5 end point.