The sellers started pushing aggressively, once the aggressive buyers exhausted themselves after taking out Tuesdays High. I think we see a continuance to the downside on Monday and possibly more of next week. The 4Hr chart looks might ugly as well. It seems aggressive buyers are stalling out in this range. If I were a betting man, which I am, I say next weeks candle ends red for the 4th straight week. Good luck everybody!
I agree with you. I think you are right. I have short and long scenario setup (see my newest idea). But I do have a short bias. Thank you for posting this great dea!