UPDATE: Anyone who followed this idea, we are hugely in the money. Well done to everyone who followed this idea. We have made fantastic money off this equity alone. Making good money here. And I think we will continue to do so.
Nike is looking weak, we are showing signs of a tired up move, topping out, and i'm expecting a cyclic correction very, very soon. We will start with a minor correction, and probably gently sift into the lows, into the mean. We are seeking the impulse leg still, but I think I have found it today to be honest, and I think we are literally about to see the impulse leg towards the mean, giving us good profits.
Best of luck
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Would be interested to learn why you call it "Demand Zone" may be I am missing something. Thanks for the chart.