Trigger line crosses across the board on key indicators except for the RSI(5) is telling me a wave 4 pullback of “some degree” is due soon. However, we did not achieve a higher high on the EWO… I really think we’ll get it Monday… If we don’t and start a correction down it will much deeper than shown. As per the Dollar and GDX the pullback may be shallow…. I’m showing 38.2% but 23% maybe all we get… Note that if the EWO does peak out on Monday, I will have the shift the count up (Ok I know it’s an extension but I likes shifting better!!!).

I really believe we’ll approach or hit my target of 12.69 before we turn back down for a wave 4.

0717_JDSTEOD