BRTI triggered a ‘mechanical’ buy when it fell to the green line at $44,063 earlier this month. I didn’t recommend the trade however, because the ‘camouflage’ set-up we would have used to get long never ripened the way we prefer. Good ‘mechanical’ opportunities are supposed to feel scary at the time they are signaled, since the best of them usually features a plunge back to the green line that is meant to disembowel bulls who have bought C-D ‘follow-through’ legs too recklessly. This pattern surely qualifies as a hair-raiser. However, that in itself makes it theoretically appealing, even if not textbook perfect. The C-D leg died in the right place, but the imputed power of the A-B impulse leg was diminished by heavy choppiness near its top.  Even so, I’d rate the trade a ‘7.4’, well above the 7.0 threshold where we tend to go for it.  I see no reason at the moment to go for much of anything, however, since the ‘C’ low at $28,824 will have become magnetic by now.  ______ UPDATE (Jan 24, 8:58): How cute. The turn from just north of a neon target at 32,134 occurred with no one aboard, but with a lesson to offer: Now we know that Bertie-watchers are so fixated on obvious ABCD patterns that we can’t use them anymore. The attractive head-and-shoulders still needs lower lows exceeding $30,000 to look gorgeous.