By
Based on the length of the wave "a" which rose from the Oct. 3 low of $6,635, the wave "c" is expected to travel to $8,367, the 161.8 percent Fibonacci projection level, as it has successfully surpassed $8,125, the 138.2 percent projection level. A moderate consolidation around $8,125 on Friday will be likely. No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses