Not the best looking head but may still play out. If it does, head to neckline is 500 points putting us back around the 9100 range at least.
Nasty. But might be a great entry if it holds above the upper channel line.
^ Short term double bottom and a possible hammer candle. Should we not make another new low, it looks poised to rise. Bollinger bands on lower time frames also signal oversold or almost oversold.
Let's see how it plays out.
see chart. watch for it to break above the neckline. Funny enough using the cup's height, the target is back at 9000-9100, it's previous recent high
A small inverse head and shoulders along with a nice 123 pattern