is coming into an area of time where price has been weak and the bears control price. Do not know if this setup will happen again. Just recognize there is a good RR probability for a short trade to the HWB at 1960 if price and time still has memory. Looking left starting with the May ATH
. Price made a triple top in May, June, July where once price crossed the 0.618 in time we witnessed the August flash crash. Next was the November, December, January three falling peaks that also corresponded with 1.618 in time and witnessed the January sell off. Entering March, April
, May there is a possible head and shoulders
setting up where the 2.618 in time is corresponding with a possible right shoulder. The measued move of this pattern targets the 50% fib at 1960. I do not know if this will trade. This could all be a huge load of bs. Just see the probability of this setup happening.