This is my fav chart right now. It's so hot you might burn yourself if you get too close.
We're hacking into new territory few have deeply explored publicly!
Look at that beautiful hover bounce off the channel bottom, right back to just below the 2nd SELL S/R (the horizontal red SELL line being the 1st).
Given how things played out Friday, I think this prediction is gonna nail it next week, we should see mostly SELL and PANIC SELL (>2) level activity above that 2nd SELL S/R.
I don't see any way out at this point, I'm drowning in short confirms over here, can't even keep up, so many new people coming out of the woodwork the last couple days!
Also just in the last two days I've got 3 confirms on an ultimate 1700-1750 bottom for the first time. Prior to that we had some early guesses at 1600 but nothing as concrete as what's coming out for this new set.
That still fits very nicely in my second green circle...