if you are in the GMCR long trade, please note that i am revising the targets on this trade and would consider booking full or partial profits at current levels.  based on both the chart of GMCR as well as my take on the broad markets, i have changed the former T2 level to T3 (final target) and have moved T2 down to current levels, at which i believe the odds of a pullback are high.  longer term traders or investors my want to hold out for T3 although i may decided to terminate this trade early depending on how GMCR and the broad market trade going forward, as i still believe the odds for a significant correction remain elevated.  4 hour charts in order as posted with today’s updated chart last: