Could hit that trendline resistance and decline. If it breaks to the up side look for support on same line.
We could see much lower levels if nearing support doesn't hold.
May rally up to 101 then fall. Perhaps a good time to short: $SQQQ
We may see a test of support as low as the $70 range.
Break up or down?
Watch the down trendline at about $108 today.
Looks like we have a triangular pattern. Break up or down?
Don't fight the trend! Use it for profit!
Several obstacles in the way of a rally
Current down trend. How long will it last?
Trend line channel in green forming pattern from 2008.