Price has broken hard to the downside and has broken the long term fork to the upside we have been following for some time. This may be a sign for a change of direction. Look for price to eventually head to the next support area around 2400.
Price has dropped as predicted along the pink median line fork after a spike above. Look for price to continue eventually to the middle pink median line. We should have a brief retracement here up to test the sliding parallel as marked this resistance band should be strong enough to hold for a little while before continuing down.
Price has continued to the downside as predicted. Look for price to continue lower to the bottom median pink median line before finding support. We are selling off into the August month, perhaps to take some profits.
Price has come up past 2476, and is coming back down to test the sliding parallel and 2476 as support. Look to see if price can rise from here and continue its momentum again to the upper median line parallel.
Price has gone up past the 2452 and is traveling along the sliding parallel.. Look for price tocontinue higher possible to next sliding parallel. We may see a come back to test the 2452 area again eventually, but should be a bit later.