Extreme Deviation Automatic Price Targeting - "X_DEV" - Bitcoin

[Jimbob]

heheheh, they say down. Here is the quote:

The markets staged a very impressive open today, gaining anywhere from 2.9 to 3.4% within the first
minutes of trading. The impulse up brought us to and above the minimum targets for wave C, the
terminal wave of this rally. The reversal mid day breached the wave 1 extreme on all of the major
indexes. This indicates that the rally is now over. Expectations were for one more wave up after this
morning, but the strength of the reversal indicates that this will not occur. The spike reversal appears
very similar to the one that occurred on March 12th, only this time it is in the other direction. The
VXN hit levels not seen since April 2002, which marked the beginning of the previous wave 3 down
at the same degree. The Put/Call ratio spiked lower this morning down to .54, and closed at .76. This
indicates that not much faith was given to the key reversal day. The major cycles (10, 20, 40, and 80
week) are all lining up to the downside. Barring a more complex correction, Wave 3 down appears to
be underway. This should be an unbelievable opportunity to profit on the short side, as we make our
way back to and below October lows.

Special thanks to: http://www.wavespeak.com/

JimBob
http://www.vestorAnalytics.com