I guess Jeffrey Gundlach was right

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Kissed 0.618 3 times in a perfect bearish retracement. We either have a bullish AB=CD pattern or a bullish bat . Given that the the 2.0 and 0.886 extensions are so close together in the PRZ it is possible that we tag this area. If not then I guess its a AB=CD . As far as volume analysis goes; first notice the downward sloping volume since the start of the 0.618 retracement . The bigger picture on volume though is the dome shaped rounding top since the start of the trend. Look for a spike in bearish volume quite soon. Like Jeffrey Gundlach said, "I hate the chart, I like the products."
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