AMT
is testing the 0.786 level from the last swing high. Failure to hold makes it more likely that we continue lower. The pattern is very similar to Justin Mamis sentiment cycle. If the current level fails to hold, a scenario completing this cycle would likely align to the concentration of volume between 136-145, and to the 1.272-1.414 fib retrace. If 172-173 holds it could rebound and make a move above 220, but momentum suggests that we're headed lower.