R U listening to the mega phone

162 2 8
Now i have to read up on the mega phone again
But i believe it means a BIG drop
invalid if it goes up above this line
Comment: well it broke ,
out ,
Note your indicators made new highs but price did not; I would not be too worried if price goes a little higher from the last day's high, because trend line of megaphone is expanding after all.
yes, and if you check out the daily or weekly chart, there is a similar pattern that has been forming since mid April. .. but I think we're going to 2120s - 2130s before pulling back... no bearish divergence on the 4hr wavetrend yet and the Day wave is still very positive... but once the Day turns over, we should start a nice downtrend because the weekly is negative.
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