LevRidge

LevRidge

watching these key levels, a close below the support trendline on the 4hr is a short for me.

LevRidge

gl

LevRidge

So watching to see if we put in a 'e' wave here... if so look out.. the symmetrical triangle could still be a live and well.

LevRidge

Folks need to be real with themselves.. this could still fail but technically bulls are in a lot of trouble..

LevRidge

Yikes...

LevRidge

looks like the retest is happen

LevRidge

gl

LevRidge

gl

LevRidge

looks like the trendline was a little higher than I thought... this looks really bad now.. my longs got closed with a smll profit, waiting to see what happens at the bottom of the triangle now.. gl

LevRidge

gl

LevRidge

I've been pretty bearish since 58k with this drop: But I am not an emotional trader and when i see warning signs I'm honest with myself to admit them.. The macd I use did not come up to create the bear divergence I was expecting during these last few days... So this means this triangle...

LevRidge

gl

LevRidge

I was expecting a push to 51k to test the break out.. but the move this plays out it's looking like a bearish triangle is forming for further drop..

LevRidge

quick thoughts on current PA.. gl

LevRidge

gl

LevRidge

gg

LevRidge

Thinking were going to get a rest here... pullback before another big drop

LevRidge

folks calling a trend reversal a "dip" ... sigh