resistance in a downtrend
-B/c the mkt is trading at 20yr lows there is a lack of structure for
tgts, most logical extended tgts would be 1.27 and 1.61 of the most
-Anywhere within continuation zone represents
good location for shorts with stops 1atr behind the invalidation area
-BE AWARE: BOE Gov Carney Testifies today 5am Eastern,
conservative traders should wait until after testimony before
engaging the mkt.